Nathan Mucher - Oct 5, 2021 Form 4 Insider Report for CARROLS RESTAURANT GROUP, INC. (TAST)

Role: VP, Chief Information Officer
Signature: /s/ Nathan Mucher
Stock symbol: TAST
Transactions as of: Oct 5, 2021
Transactions value $: $0
Form type: 4
Date filed: 10/6/2021, 04:51 PM
Previous filing: Aug 19, 2021
Next filing: Jan 18, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TAST	Common Stock, $0.01 par value	Award	$0	+658	+1.22%	$0.00	54.5K	Oct 5, 2021	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents restricted stock units issued to the Reporting Person under the Issuer's 2016 Stock Incentive Plan, as amended, as dividend equivalents in connection with a special cash dividend in the amount of $0.41 per share paid by the issuer on October 5, 2021. The restricted stock units will be subject to the same terms and conditions, including, without limitation, vesting, as the underlying restricted stock units previously issued to the Reporting Person.

Content

Represents restricted stock units issued to the Reporting Person under the Issuer's 2016 Stock Incentive Plan, as amended, as dividend equivalents in connection with a special cash dividend in the amount of $0.41 per share paid by the issuer on October 5, 2021. The restricted stock units will be subject to the same terms and conditions, including, without limitation, vesting, as the underlying restricted stock units previously issued to the Reporting Person.