Zirkman Joseph A 4

Accession 0001193805-12-000415

CIK 0000809248other

View on SEC.gov Company Profile

Filed

Mar 6, 7:00 PM ET

Accepted

Mar 7, 9:51 PM ET

Size

18.7 KB

Accession

0001193805-12-000415

Insider Transaction Report

Form 4

Period: 2012-03-05

CARROLS RESTAURANT GROUP, INC.TAST

Zirkman Joseph A

VP, Gen Counsel and Secretary

Transactions

Award
Common Stock, $0.01 par value
2012-03-05+15,191→ 110,869 total
Other
Options (Right to Buy)
2012-03-05−9,600→ 0 total
Exercise: $13.00Exp: 2013-12-14→ Common Stock, par value $.01 per share (9,600 underlying)
Other
Options (Right to Buy)
2012-03-05−9,600→ 0 total
Exercise: $15.60Exp: 2013-12-14→ Common Stock, par value $.01 per share (9,600 underlying)
Other
Options (Right to Buy)
2012-03-05−7,700→ 0 total
Exercise: $8.08Exp: 2015-01-15→ Common Stock, par value $.01 per share (7,700 underlying)
Other
Options (Right to Buy)
2012-03-05−3,825→ 0 total
Exercise: $2.60Exp: 2016-01-15→ Common Stock, par value $.01 per share (3,825 underlying)
Other
Options (Right to Buy)
2012-03-05−10,000→ 0 total
Exercise: $6.48Exp: 2017-01-15→ Common Stock, par value $.01 per share (10,000 underlying)

Holdings

Common Stock, $0.01 par value
(indirect: See Footnote)
500

Footnotes (6)

[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]These shares of Common Stock are held by the Reporting Person's spouse.
[F3]The Reporting Person's options were granted pursuant to the Plan and will vest and become exercisable over a period of five years, with one-fifth (1/5) of such options becoming exercisable on December 13, 2007, and an additional one-sixtieth (1/60) of such options vesting and becoming exercisable on the first day of each month after December 13, 2007.
[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 January 15, 2009 an additional one-sixtieth (1/60) of such options vesting and becoming exercisable on the first day of each month after January 15, 2009.
[F5]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 January 15, 2010 an additional one-sixtieth (1/60) of such options vesting and becoming exercisable on the first day of each month after January 15, 2010.
[F6]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 January 15, 2011 an additional one-sixtieth (1/60) of such options vesting and becoming exercisable on the first day of each month after January 15, 2011.

Documents

1 file

4
e609452_form4.xmlPrimary

Issuer

CARROLS RESTAURANT GROUP, INC.

CIK 0000809248

→

Entity typeother

Related Parties

filerCIK 0001383010

Filing Metadata

Form type: 4
Filed: Mar 6, 7:00 PM ET
Accepted: Mar 7, 9:51 PM ET
Size: 18.7 KB

View on SEC.gov