Wilhite Clayton E 4
4 · CARROLS RESTAURANT GROUP, INC. · Filed Sep 6, 2012
Insider Transaction Report
Form 4
Wilhite Clayton E
Director
Transactions
- Award
Common Stock, $0.01 par value
2012-08-29+4,605→ 69,370 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 August 29, 2013, August 29, 2014, August 29, 2015, August 29, 2016 and August 29, 2017, 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.