Hannah Stone Craven - May 16, 2024 Form 4 Insider Report for CARROLS RESTAURANT GROUP, INC. (TAST)

Role
Director
Signature
/s/ Hannah Stone Craven
Stock symbol
TAST
Transactions as of
May 16, 2024
Transactions value $
$0
Form type
4
Date filed
5/17/2024, 12:21 PM
Previous filing
Jan 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TAST Common Stock, $0.01 par value Disposed to Issuer -114K -100% 0 May 16, 2024 Direct F1
transaction TAST Common Stock, $0.01 par value (Restricted Common Stock) Disposed to Issuer -56K -100% 0 May 16, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Hannah Stone Craven is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 On May 16, 2024, Carrols Restaurant Group, Inc. (the "Company") consummated the transactions contemplated by that certain Agreement and Plan of Merger, dated as of January 16, 2024 (the "Merger Agreement"), by and among the Company, Restaurant Brands International Inc. and BK Cheshire Corp. (the "Closing"). Upon the Closing, each outstanding share of common stock, par value $0.01 per share, of the Company ("Common Stock") was cancelled and converted into the right to receive $9.55 in cash, without interest thereon, under the terms and subject to the conditions set forth in the Merger Agreement.
F2 Upon the Closing, each outstanding restricted share of Common Stock was cancelled and converted into the right to receive $9.55 in cash, without interest thereon, under the terms and subject to the conditions set forth in the Merger Agreement.