Joseph Stein - 08 Mar 2022 Form 4 Insider Report for Del Taco Restaurants, Inc.

Role
Director
Signature
/s/ Rebecca H. Yang, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
08 Mar 2022
Net transactions value
-$523,206
Form type
4
Filing time
10 Mar 2022, 20:54:35 UTC
Previous filing
01 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TACO COMMON STOCK Disposed to Issuer $523,206 -41,823 -100% $12.51 0 08 Mar 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Joseph Stein is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Disposed of as a result of the merger pursuant to the previously announced Agreement and Plan of Merger, dated December 5, 2021, between the issuer and Jack in the Box Inc. (the "Merger Agreement"). Pursuant to the Merger Agreement, each restricted stock award (other than certain non-accelerating restricted stock awards granted to the issuer's executive officers) will vest and be converted into the right to receive cash of $12.51 per share, each unexercised option will vest and be converted into the right to receive cash in an amount equal to the excess of $12.51 over the exercise price of such option, and each performance-based restricted stock unit will vest and be converted into the right to receive cash of $12.51 per share.