Craven Hannah Stone 4
4 · CARROLS RESTAURANT GROUP, INC. · Filed May 17, 2024
Insider Transaction Report
Form 4
Craven Hannah Stone
Director
Transactions
- Disposition to Issuer
Common Stock, $0.01 par value
2024-05-16−114,417→ 0 total - Disposition to Issuer
Common Stock, $0.01 par value (Restricted Common Stock)
2024-05-16−55,976→ 0 total
Footnotes (2)
- [F1]On May 16, 2024, Carrols Restaurant Group, Inc. (the "Company") consummated the transactions contemplated by that certain Agreement and Plan of Merger, dated as of January 16, 2024 (the "Merger Agreement"), by and among the Company, Restaurant Brands International Inc. and BK Cheshire Corp. (the "Closing"). Upon the Closing, each outstanding share of common stock, par value $0.01 per share, of the Company ("Common Stock") was cancelled and converted into the right to receive $9.55 in cash, without interest thereon, under the terms and subject to the conditions set forth in the Merger Agreement.
- [F2]Upon the Closing, each outstanding restricted share of Common Stock was cancelled and converted into the right to receive $9.55 in cash, without interest thereon, under the terms and subject to the conditions set forth in the Merger Agreement.