4//SEC Filing
SONSTEBY CHARLES M 4
Accession 0001225208-25-009088
CIK 0000940944other
Filed
Nov 11, 7:00 PM ET
Accepted
Nov 12, 9:20 AM ET
Size
7.5 KB
Accession
0001225208-25-009088
Insider Transaction Report
Form 4
SONSTEBY CHARLES M
Director
Transactions
- Exercise/Conversion
Common Stock
2025-11-11+531→ 22,474 total - Exercise/Conversion
Restricted Stock Units
2025-11-11−531→ 0 total→ Common Stock (531 underlying)
Footnotes (3)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]The RSUs vest on the first to occur of one year from date of grant and the date of the next annual meeting of shareholders. The director elected to defer settlement until 11/11/2025.
- [F3]The number of restricted stock units was adjusted in connection with the spin-off (the Spin-Off) of Four Corners Property Trust, Inc. (FCPT) from Darden Restaurants, Inc. (Darden) on November 9, 2015. The adjustment reflects the product of (i) the number of shares subject to the restricted stock unit awards immediately prior to the Spin-Off and (ii) the ratio of (A) the pre-Spin-Off closing price on November 9, 2015 of Darden Common Stock (Darden Pre-Spin-Off Price) and (B) the difference between the Darden Pre-Spin-Off Price and the volume weighted average price of FCPT Common Stock trading on the NYSE on the trading day immediately following the distribution date (adjusted to reflect the Darden-to-FCPT pro rata share distribution ratio in the Spin-Off).
Documents
Issuer
DARDEN RESTAURANTS INC
CIK 0000940944
Entity typeother
Related Parties
1- filerCIK 0001186383
Filing Metadata
- Form type
- 4
- Filed
- Nov 11, 7:00 PM ET
- Accepted
- Nov 12, 9:20 AM ET
- Size
- 7.5 KB