Ari B. Levy - 08 Mar 2022 Form 4 Insider Report for Del Taco Restaurants, Inc.

Reporting relationship: Director
Issuer ticker: N/A
Reported as of: 08 Mar 2022
Net transaction value: -$25,618,666
SEC form: 4
Accepted by SEC: 10 Mar 2022, 20:51:00 UTC
Prior SEC filing: 01 Jun 2021
Next SEC filing: 13 Feb 2026
Source filing: View source filing
Reporting owner signature: /s/ Rebecca H. Yang, Attorney-in-Fact

Key filing fact

Ari B. Levy filed Form 4 for Del Taco Restaurants, Inc. on 10 Mar 2022.

Key facts

This page summarizes Ari B. Levy's Form 4 filing for Del Taco Restaurants, Inc..
4 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 10 Mar 2022, 20:51.

Change

Previous filing in this sequence was filed on 01 Jun 2021.
Current net transaction value: -$25,618,666.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

TACO transaction

COMMON STOCK

Disposed to Issuer

Transaction value: $6,317,375
Shares: -504,986
Change %: -100%
Price: $12.51
Shares after: 0
Date: 08 Mar 2022
Ownership: Direct
Footnotes: F1

TACO transaction

COMMON STOCK

Disposed to Issuer

Transaction value: $13,391,067
Shares: -1,070,429
Change %: -100%
Price: $12.51
Shares after: 0
Date: 08 Mar 2022
Ownership: See footnote
Footnotes: F1, F2

TACO transaction

COMMON STOCK

Disposed to Issuer

Transaction value: $190,652
Shares: -15,240
Change %: -100%
Price: $12.51
Shares after: 0
Date: 08 Mar 2022
Ownership: See footnote
Footnotes: F1, F3

TACO transaction

COMMON STOCK

Disposed to Issuer

Transaction value: $5,719,572
Shares: -457,200
Change %: -100%
Price: $12.51
Shares after: 0
Date: 08 Mar 2022
Ownership: See footnote
Footnotes: F1, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Ari B. Levy is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 4 footnotes

Footnote 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.

Footnote F2

The securities are held directly by Levy Family Partners, LLC ("LFP"). The Reporting Person is a manager of LFP. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his actual pecuniary interest therein.

Footnote F3

The securities are held directly by LFP Management, LLC. The Reporting Person shares voting and investment power with other managers of LFP Management, LLC. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his actual pecuniary interest therein.

Footnote F4

The amount reported as beneficially owned consists of 457,200 shares of Common Stock which are held in trusts for which the Reporting Person is co-trustee. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his actual pecuniary interest therein.