GEORGE DAVID C 4
4 · DARDEN RESTAURANTS INC · Filed Jul 28, 2020
Insider Transaction Report
Form 4
GEORGE DAVID C
President, LongHorn Steakhouse
Transactions
- Exercise/Conversion
Common Stock
2020-07-26+3,455→ 72,167 total - Tax Payment
Common Stock
2020-07-26$78.64/sh−842$66,215→ 71,325 total - Exercise/Conversion
Common Stock
2020-07-26+3,784→ 68,712 total - Exercise/Conversion
Restricted Stock Units (FY18 Annual Grant)
2020-07-26−3,455→ 0 totalFrom: 2020-07-26Exp: 2020-07-26→ Common Stock (3,455 underlying) - Exercise/Conversion
Performance Restricted Stock Units (FY18)
2020-07-26−3,784→ 3,455 totalExp: 2021-07-26→ Common Stock (3,784 underlying) - Tax Payment
Common Stock
2020-07-26$78.64/sh−973$76,517→ 70,352 total
Footnotes (4)
- [F1]Performance restricted stock units convert into common stock on a one-for-one basis.
- [F2]Restricted stock units convert into common stock on a one-for-one basis.
- [F3]Includes 330 additional shares delivered as dividend equivalents upon settlement pursuant to the terms of the applicable award agreement. Fractional shares are settled in cash pursuant to the terms of the award agreement.
- [F4]This grant vests in two equal annual installments beginning on July 26, 2020.