CARROLS RESTAURANT GROUP, INC. 4
4 · CARROLS RESTAURANT GROUP, INC. · Filed Jun 14, 2016
Insider Transaction Report
Form 4
Handel Joel M
Director
Transactions
- Award
Common Stock, $0.01 par value
2016-06-10+2,035→ 36,463 total
Footnotes (1)
- [F1]The shares were granted to the Reporting Person pursuant to the Issuer's 2006 Stock Incentive Plan, as amended, and are subject to restrictions on transfer. The stock award reported herein shall vest and the restrictions shall lapse as follows: one-fifth(1/5) of the Shares reported herein shall vest and the restrictions shall lapse on each of June 10, 2017, June 10, 2018, June 10, 2019, June 10, 2020 and June 10, 2021, provided that the Reporting Person has continuously remained a director of the Issuer. Any unvested shares underlying the stock award reported herein will be immediately forfeited upon the Reporting Person ceasing to be a director. The stock award reported herein is not transferable unless vested.