0001225208-17-007075.txt : 20170331
0001225208-17-007075.hdr.sgml : 20170331
20170331173545
ACCESSION NUMBER: 0001225208-17-007075
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170331
FILED AS OF DATE: 20170331
DATE AS OF CHANGE: 20170331
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: DARDEN RESTAURANTS INC
CENTRAL INDEX KEY: 0000940944
STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812]
IRS NUMBER: 593305930
STATE OF INCORPORATION: FL
FISCAL YEAR END: 0528
BUSINESS ADDRESS:
STREET 1: 1000 DARDEN CENTER DRIVE
CITY: ORLANDO
STATE: FL
ZIP: 32837
BUSINESS PHONE: 4072454000
MAIL ADDRESS:
STREET 1: 1000 DARDEN CENTER DRIVE
CITY: ORLANDO
STATE: FL
ZIP: 32837
FORMER COMPANY:
FORMER CONFORMED NAME: GENERAL MILLS RESTAURANTS INC
DATE OF NAME CHANGE: 19950313
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: LEE EUGENE I JR
CENTRAL INDEX KEY: 0001242843
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13666
FILM NUMBER: 17731603
MAIL ADDRESS:
STREET 1: 1000 DARDEN CENTER DRIVE
CITY: ORLANDO
STATE: FL
ZIP: 32837
4
1
doc4.xml
X0306
4
2017-03-31
0000940944
DARDEN RESTAURANTS INC
DRI
0001242843
LEE EUGENE I JR
1000 DARDEN CENTER DRIVE
ORLANDO
FL
32837
1
1
President and CEO
Common Stock
2017-03-31
4
M
0
73124.0000
28.9200
A
177737.0000
D
Common Stock
2017-03-31
4
M
0
25000.0000
37.8300
A
202737.0000
D
Common Stock
2017-03-31
4
S
0
98124.0000
83.1858
D
104613.0000
D
Stock Option (Right to Buy)
37.8300
2017-03-31
4
M
0
25000.0000
0.0000
D
2020-07-28
Common Stock
25000.0000
32676.0000
D
Stock Option (Right to Buy)
28.9200
2017-03-31
4
M
0
73124.0000
0.0000
D
2019-07-29
Common Stock
73124.0000
0.0000
D
This transaction was executed in multiple trades at prices ranging from $82.68 to $83.48. 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.
The number of stock options 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 stock option 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).
This option vested in two equal annual installments beginning on the third anniversary of the grant.
Jessica P. Lange, Attorney-in-fact for Lee, Eugene I. Jr.
2017-03-31