0001193805-12-000412.txt : 20120307 0001193805-12-000412.hdr.sgml : 20120307 20120307214956 ACCESSION NUMBER: 0001193805-12-000412 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120305 FILED AS OF DATE: 20120307 DATE AS OF CHANGE: 20120307 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Tunnessen James E CENTRAL INDEX KEY: 0001383009 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33174 FILM NUMBER: 12675697 MAIL ADDRESS: STREET 1: C/O CARROLS RESTAURANT GROUP, INC. STREET 2: 968 JAMES STREET CITY: SYRACUSE STATE: NY ZIP: 13203 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: CARROLS RESTAURANT GROUP, INC. CENTRAL INDEX KEY: 0000809248 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] IRS NUMBER: 161287774 FISCAL YEAR END: 0101 BUSINESS ADDRESS: STREET 1: 968 JAMES STREET CITY: SYRACUSE STATE: NY ZIP: 13203 BUSINESS PHONE: 315-424-0513 MAIL ADDRESS: STREET 1: 968 JAMES STREET CITY: SYRACUSE STATE: NY ZIP: 13203 FORMER COMPANY: FORMER CONFORMED NAME: CARROLS HOLDINGS CORP DATE OF NAME CHANGE: 19870113 4 1 e609449_form4.xml X0304 4 2012-03-05 0 0000809248 CARROLS RESTAURANT GROUP, INC. TAST 0001383009 Tunnessen James E C/O CARROLS RESTAURANT GROUP, INC. 968 JAMES STREET SYRACUSE NY 13203 0 1 0 0 Executive VP, Pollo Tropical Common Stock, $0.01 par value 2012-03-05 4 A 0 15105 0 A 77572 D Options (Right to Buy) 13.00 2012-03-05 4 J 0 9600 0 D 2013-12-14 Common Stock, par value $.01 per share 9600 0 D Options (Right to Buy) 15.60 2012-03-05 4 J 0 9600 0 D 2013-12-14 Common Stock, par value $.01 per share 9600 0 D Options (Right to Buy) 8.08 2012-03-05 4 J 0 7500 0 D 2015-01-15 Common Stock, par value $.01 per share 7500 0 D Options (Right to Buy) 2.60 2012-03-05 4 J 0 3825 0 D 2016-01-15 Common Stock, par value $.01 per share 3825 0 D Options (Right to Buy) 6.48 2012-03-05 4 J 0 10000 0 D 2017-01-15 Common Stock, par value $.01 per share 10000 0 D 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. 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. 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. 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. 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 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. /s/James E. Tunnessen 2012-03-07