4//SEC Filing
CARROLS RESTAURANT GROUP, INC. 4
Accession 0001193805-12-000409
CIK 0000809248operating
Filed
Mar 6, 7:00 PM ET
Accepted
Mar 7, 9:47 PM ET
Size
13.4 KB
Accession
0001193805-12-000409
Insider Transaction Report
Form 4
SMITH JACK A
Director
Transactions
- Award
Common Stock, $0.01 par value
2012-03-05+5,309→ 29,613 total - Other
Options (Right to Buy)
2012-03-05−3,500→ 0 totalExercise: $15.81Exp: 2017-05-31→ Common Stock, par value $.01 per share (3,500 underlying) - Other
Options (Right to Buy)
2012-03-05−3,500→ 0 totalExercise: $6.43Exp: 2018-06-09→ Common Stock, par value $.01 per share (3,500 underlying) - Other
Options (Right to Buy)
2012-03-05−5,000→ 0 totalExercise: $6.64Exp: 2016-06-03→ Common Stock, par value $.01 per share (5,000 underlying)
Footnotes (4)
- [F1]In connection with the spin-off of Fiesta Restaurant Group, Inc. by Carrols Restaurant Group, Inc. (the "Issuer") and in accordance with the Issuer's 2006 Stock Incentive Plan, as amended (the "Plan"), on March 5, 2012, all (i) outstanding vested stock options held by the Reporting Person under the Plan were converted into unrestricted shares of the Issuer's common stock using a conversion formula to preserve the intrinsic value of each option to the holder and (ii) outstanding unvested stock options held by the Reporting Person under the Plan were converted into restricted shares of the Issuer's common stock using a conversion formula to preserve the intrinsic value of each option to the holder.
- [F2]The Options were granted to the Reporting Person pursuant to the 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.
- [F3]The Options were granted to the Reporting Person pursuant to the 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 June 9, 2009, June 9, 2010, June 9, 2011, June 9, 2012 and June 9, 2013, 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.
- [F4]The Options were granted to the Reporting Person pursuant to the 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 June 3, 2010, June 3, 2011, June 3, 2012, June 3, 2013 and June 3, 2014, 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.
Documents
Issuer
CARROLS RESTAURANT GROUP, INC.
CIK 0000809248
Entity typeoperating
Related Parties
1- filerCIK 0000809248
Filing Metadata
- Form type
- 4
- Filed
- Mar 6, 7:00 PM ET
- Accepted
- Mar 7, 9:47 PM ET
- Size
- 13.4 KB