0001225208-17-011797.txt : 20170630
0001225208-17-011797.hdr.sgml : 20170630
20170630173702
ACCESSION NUMBER: 0001225208-17-011797
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170629
FILED AS OF DATE: 20170630
DATE AS OF CHANGE: 20170630
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: GEORGE DAVID C
CENTRAL INDEX KEY: 0001242844
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13666
FILM NUMBER: 17943302
MAIL ADDRESS:
STREET 1: 1000 DARDEN CENTER DRIVE
CITY: ORLANDO
STATE: FL
ZIP: 32837
4
1
doc4.xml
X0306
4
2017-06-29
0000940944
DARDEN RESTAURANTS INC
DRI
0001242844
GEORGE DAVID C
1000 DARDEN CENTER DRIVE
ORLANDO
FL
32837
1
President OG & EVP Darden Rest
Common Stock
2017-06-29
4
M
0
37100.0000
37.8300
A
71337.0000
D
Common Stock
2017-06-29
4
S
0
37100.0000
91.6900
D
34237.0000
D
Stock Option (Right to Buy)
37.8300
2017-06-29
4
M
0
37100.0000
0.0000
D
2020-07-28
Common Stock
37100.0000
0.0000
D
This total includes 1,250 shares that were acquired through the reporting person's participation in a broker-sponsored program for automatic reinvestment of dividends and were exempt from reporting. The reporting person has terminated participation in the program.
This transaction was executed in multiple trades at prices ranging from $91.66 to $91.80. 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.
This option vested in two equal annual installments beginning on the third anniversary of the grant.
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).
Jessica P. Lange, Attorney-in-fact for George, David C.
2017-06-30