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