SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
GEORGE DAVID C

(Last) (First) (Middle)
5900 LAKE ELLENOR DRIVE

(Street)
ORLANDO FL 32809

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
DARDEN RESTAURANTS INC [ DRI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Pres of LongHorn Steakhouse
3. Date of Earliest Transaction (Month/Day/Year)
10/01/2007
4. If Amendment, Date of Original Filed (Month/Day/Year)
10/03/2007
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 10/01/2007 A(1) 1,517 A $0.00 1,517 D
Common Stock 10/01/2007 A(1) 1,549 A $0.00 3,066 D
Common Stock 10/01/2007 A(1) 1,670 A $0.00 4,736 D
Common Stock 10/01/2007 A(2) 4,332 A $0.00 9,068 D
Common Stock 10/01/2007 A 7,801 A $0.00 16,869 D
Common Stock 10/01/2007 F 1,538 D $43 15,331 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Incentive Stock Option $16.77 10/01/2007 A(3) 17,888 10/01/2007 12/31/2010 Common Stock 17,888 $0 17,888 D
Non-Qualified Stock Option (Right-to-Buy) $16.77 10/01/2007 A(3) 2,071 10/01/2007 12/31/2010 Common Stock 2,071 $0 2,071 D
Non-Qualified Stock Option (Right-to-Buy) $13.55 10/01/2007 A(3) 1,491 10/01/2007 10/25/2011 Common Stock 1,491 $0 1,491 D
Non-Qualified Stock Option (Right-to-Buy) $13.55 10/01/2007 A(3) 2,945 10/01/2007 10/25/2011 Common Stock 2,945 $0 2,945 D
Non-Qualified Stock Option (Right-to-Buy) $19.6 10/01/2007 A(3) 3,937 10/01/2007 07/01/2012 Common Stock 3,937 $0 3,937 D
Incentive Stock Option $19.6 10/01/2007 A(3) 1,940 10/01/2007 07/01/2012 Common Stock 1,940 $0 1,940 D
Non-Qualified Stock Option (Right-to-Buy) $17.6 10/01/2007 A(3) 1,893 10/01/2007 09/30/2012 Common Stock 1,893 $0 1,893 D
Incentive Stock Option $17.6 10/01/2007 A(3) 934 10/01/2007 09/30/2012 Common Stock 934 $0 934 D
Non-Qualified Stock Option (Right-to-Buy) $20.63 10/01/2007 A(3) 3,510 10/01/2007 12/30/2012 Common Stock 3,510 $0 3,510 D
Incentive Stock Option $20.63 10/01/2007 A(3) 1,729 10/01/2007 12/30/2012 Common Stock 1,729 $0 1,729 D
Non-Qualified Stock Option (Right-to-Buy) $20.93 10/01/2007 A(3) 4,452 10/01/2007 03/31/2013 Common Stock 4,452 $0 4,452 D
Non-Qualified Stock Option (Right-to-Buy) $22.19 10/01/2007 A(3) 34,959 10/01/2007 05/05/2013 Common Stock 34,959 $0 34,959 D
Incentive Stock Option $22.19 10/01/2007 A(3) 4,961 10/01/2007 05/05/2013 Common Stock 4,961 $0 4,961 D
Non-Qualified Stock Option (Right-to-Buy) $24.4 10/01/2007 A(3) 6,611 10/01/2007 06/30/2013 Common Stock 6,611 $0 6,611 D
Non-Qualified Stock Option (Right-to-Buy) $25.25 10/01/2007 A(3) 933 10/01/2007 10/21/2013 Common Stock 933 $0 933 D
Incentive Stock Option $25.25 10/01/2007 A(3) 1 10/01/2007 10/21/2013 Common Stock 1 $0 1 D
Non-Qualified Stock Option (Right-to-Buy) $30.6 10/01/2007 A(3) 6,392 10/01/2007 02/10/2014 Common Stock 6,392 $0 6,392 D
Incentive Stock Option $30.6 10/01/2007 A(3) 3,149 10/01/2007 02/10/2014 Common Stock 3,149 $0 3,149 D
Non-Qualified Stock Option (Right-to-Buy) $29.48 10/01/2007 A(3) 4,829 10/01/2007 04/20/2014 Common Stock 4,829 $0 4,829 D
Incentive Stock Option $29.48 10/01/2007 A(3) 160 10/01/2007 04/20/2014 Common Stock 160 $0 160 D
Non-Qualified Stock Option (Right-to-Buy) $29.48 10/01/2007 A(3) 8,871 10/01/2007 04/20/2014 Common Stock 8,871 $0 8,871 D
Non-Qualified Stock Option (Right-to-Buy) $30.22 10/01/2007 A(3) 4,990 10/01/2007 07/20/2014 Common Stock 4,990 $0 4,990 D
Non-Qualified Stock Option (Right-to-Buy) $34.03 10/01/2007 A(3) 2,217 10/01/2007 10/19/2014 Common Stock 2,217 $0 2,217 D
Non-Qualified Stock Option (Right-to-Buy) $35.51 10/01/2007 A(3) 7,841 10/01/2007 02/08/2016 Common Stock 7,841 $0 7,841 D
Non-Qualified Stock Option (Right-to-Buy) $35.51 10/01/2007 A(3) 10,682 10/01/2007 02/08/2016 Common Stock 10,682 $0 10,682 D
Non-Qualified Stock Option (Right-to-Buy) $35.94 10/01/2007 A(3) 10,947 10/01/2007 02/13/2017 Common Stock 10,947 $0 10,947 D
Restricted Stock Units $0(6) 10/01/2007 A(5) 2,104 (6) (6) Common Stock 2,104 $0 2,104 D
Non-Qualified Stock Option (Right-to-Buy) $43 10/01/2007 A 36,143 (4) 10/01/2017 Common Stock 36,143 $0 36,143 D
Explanation of Responses:
1. Pursuant to the merger of RARE Hospitality International, Inc. ("RARE") into a wholly-owned subsidiary of Darden Restaurants, Inc. ("Darden") on October 1, 2007 (the "Merger"), 100% of the shares of restricted stock granted to the reporting person under the RARE Hospitality International, Inc. Amended and Restated 2002 Long-Term Incentive Plan relating to the common stock of RARE vested, and pursuant to the Merger, such shares were converted into shares of Darden common stock that were issued to the reporting person.
2. Pursuant to the Merger, two-thirds of the performance-based restricted stock units were automatically converted into Darden shares of restricted stock relating to the number of shares Darden common stock indicated.
3. Pursuant to the Merger, an option granted to the reporting person to purchase shares of RARE common stock under the RARE Hospitality International, Inc. 1997 Long-Term Incentive Plan or the RARE Hospitality International, Inc. Amended and Restated 2002 Long-Term Incentive Plan vested in its entirety, and pursuant to the Merger, such option was converted into an option to purchase the number of shares of Darden common stock indicated.
4. Option vests in equal installments on October 1, 2010 and on October 1, 2011.
5. Pursuant to Merger, one-third of the performance-based restricted stock units were automatically converted into Darden restricted stock units relating to the number of shares of Darden common stock indicated.
6. All Darden restricted stock units settle in shares of Darden common stock on a one-for-one basis on January 2, 2008.
Remarks:
This filing is amended to (i) include footnotes which were inadvertently omitted from the original filing, (ii) delete the fourth row of Table I and move the previously reported disposition of 2,104 shares of Darden common stock to the 27th row of Table II to reflect the actual acquisition of 2,104 Darden restricted stock units instead, (iii) adjust the totals in fifth and sixth rows of Table I, column 6, to reflect this change, and (iv) add the last line in Table I to reflect shares of Darden common stock withheld for taxes. The remainder of the form was restated in its entirety without change.
By: Douglas E. Wentz, Attorney-in-Fact for David C. George 10/09/2007
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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