DARDEN RESTAURANTS INC 4
4 · DARDEN RESTAURANTS INC · Filed Oct 30, 2014
Insider Transaction Report
Form 4
Insignares Valerie L.
President, LongHorn Steakhouse
Transactions
- Exercise/Conversion
Common Stock
2014-10-28$33.09/sh+30,000$992,850→ 78,195 total - Sale
Common Stock
2014-10-28$52.00/sh−30,000$1,560,033→ 48,195 total - Exercise/Conversion
Stock Option (Right to Buy)
2014-10-28−30,000→ 0 totalExercise: $33.09From: 2007-06-16Exp: 2015-06-16→ Common Stock (30,000 underlying)
Footnotes (2)
- [F1]This transaction was executed in multiple trades at prices ranging from $52.00 to $52.01. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F2]This option vested in three equal annual installments beginning on the second anniversary of the grant.