CARROLS RESTAURANT GROUP, INC. 4
4 · CARROLS RESTAURANT GROUP, INC. · Filed Jun 4, 2007
Insider Transaction Report
Form 4
Wilhite Clayton E
Director
Transactions
- Award
Options (right to buy
2007-05-31+3,500→ 3,500 totalExercise: $15.81Exp: 2014-05-31→ Common Stock, par value $.01 per share (3,500 underlying)
Footnotes (1)
- [F1]The Options were granted to the Reporting Person pursuant to the Issuer's 2006 Stock Incentive Plan and will vest and become exercisable over a period of five years, with one-fifth (1/5) of such Options vesting on each of May 31, 2008, May 31, 2009, May 31, 2010, May 31, 2011 and May 31, 2012, provided that the Reporting Person has continuously remained a director of the Issuer. Any unvested Options reported herein will be immediately forfeited upon the Reporting Person ceasing to be a director.