HULL ANTHONY E (VP, CFO, Treasurer) exercised options at CARROLS RESTAURANT GROUP, INC.

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 2 exercises

HULL ANTHONY E

Filed: 5/17/2024ACC: 0000809248-24-000072

InsiderHULL ANTHONY ECIK 1355212

→

IssuerCARROLS RESTAURANT GROUP, INC.CIK 809248

Officer· VP, CFO, Treasurer

Since Jan 2020

-352.62K

Net shares

Net seller

$0.00

Total acquired

Open market trades

0B · 0S

Total transactions

629.32K acquired · 981.94K disposed

Non-Derivative Transactions6

Common Stock, $0.01 par value

Direct

D · Disposition

−372.79K

Price / share

—

Trade value

—

% of position

New position

5/16/2024

372.79K→0.00

Common Stock, $0.01 par value (Restricted Common Stock)

Direct

D · Disposition

−194.49K

Price / share

—

Trade value

—

% of position

New position

5/16/2024

194.49K→0.00

Common Stock, $0.01 par value (2023 Performance Stock Unit)

Direct

M · Option Exercise

+277.08K

Price / share

—

Trade value

—

% of position

New position

5/16/2024

0.00→277.08K

Common Stock, $0.01 par value (2023 Performance Stock Unit)

Direct

D · Disposition

−277.08K

Price / share

—

Trade value

—

% of position

New position

5/16/2024

277.08K→0.00

Common Stock, $0.01 par value (2024 Performance Stock Unit)

Direct

M · Option Exercise

+37.58K

Price / share

—

Trade value

—

% of position

New position

5/16/2024

0.00→37.58K

Common Stock, $0.01 par value (2024 Performance Stock Unit)

Direct

D · Disposition

−37.58K

Price / share

—

Trade value

—

% of position

New position

5/16/2024

37.58K→0.00

Total

Net shares

−567.28K

Net value

$0.00

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock, $0.01 par value Direct	5/16/2024	D · Disposition	−372.79K	—	—	New position	372.79K	0.00
Common Stock, $0.01 par value (Restricted Common Stock) Direct	5/16/2024	D · Disposition	−194.49K	—	—	New position	194.49K	0.00
Common Stock, $0.01 par value (2023 Performance Stock Unit) Direct	5/16/2024	M · Option Exercise	+277.08K	—	—	New position	0.00	277.08K
Common Stock, $0.01 par value (2023 Performance Stock Unit) Direct	5/16/2024	D · Disposition	−277.08K	—	—	New position	277.08K	0.00
Common Stock, $0.01 par value (2024 Performance Stock Unit) Direct	5/16/2024	M · Option Exercise	+37.58K	—	—	New position	0.00	37.58K
Common Stock, $0.01 par value (2024 Performance Stock Unit) Direct	5/16/2024	D · Disposition	−37.58K	—	—	New position	37.58K	0.00
Total			−567.28K		$0.00

Derivative Transactions3

Employee Stock Option (Right to Buy)

Direct

D · Disposition

Converts to

Common Stock

100K shares

−100K

Strike price

7.12

Held after

0.00

Exercisable

—

5/16/2024

Performance Stock Unit (2023)

Direct

A · Award

Converts to

Common Stock

277.08K shares

+277.08K

Strike price

Held after

277.08K

Exercisable

—

5/16/2024

Performance Stock Unit (2024)

Direct

A · Award

Converts to

Common Stock

37.58K shares

+37.58K

Strike price

Held after

37.58K

Exercisable

—

5/16/2024

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Employee Stock Option (Right to Buy) Direct	Common Stock100K shares	5/16/2024	D · Disposition	−100K	7.12	—	0.00
Performance Stock Unit (2023) Direct	Common Stock277.08K shares	5/16/2024	A · Award	+277.08K	0	—	277.08K
Performance Stock Unit (2024) Direct	Common Stock37.58K shares	5/16/2024	A · Award	+37.58K	0	—	37.58K