MCQUILLAN GARY (VP, Strategic Procurement) 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

MCQUILLAN GARY

Filed: 5/17/2024ACC: 0000809248-24-000064

InsiderMCQUILLAN GARYCIK 1978601

→

IssuerCARROLS RESTAURANT GROUP, INC.CIK 809248

Officer· VP, Strategic Procurement

Since May 2023

+6.08K

Net shares

Net buyer

$0.00

Total acquired

Open market trades

0B · 0S

Total transactions

40.15K acquired · 34.08K disposed

Non-Derivative Transactions5

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

Direct

D · Disposition

−14K

Price / share

—

Trade value

—

% of position

New position

5/16/2024

14K→0.00

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

Direct

M · Option Exercise

+12.06K

Price / share

—

Trade value

—

% of position

New position

5/16/2024

0.00→12.06K

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

Direct

D · Disposition

−12.06K

Price / share

—

Trade value

—

% of position

New position

5/16/2024

12.06K→0.00

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

Direct

M · Option Exercise

+8.02K

Price / share

—

Trade value

—

% of position

New position

5/16/2024

0.00→8.02K

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

Direct

D · Disposition

−8.02K

Price / share

—

Trade value

—

% of position

New position

5/16/2024

8.02K→0.00

Total

Net shares

−14K

Net value

$0.00

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock, $0.01 par value (Restricted Common Stock) Direct	5/16/2024	D · Disposition	−14K	—	—	New position	14K	0.00
Common Stock, $0.01 par value (2023 Performance Stock Unit) Direct	5/16/2024	M · Option Exercise	+12.06K	—	—	New position	0.00	12.06K
Common Stock, $0.01 par value (2023 Performance Stock Unit) Direct	5/16/2024	D · Disposition	−12.06K	—	—	New position	12.06K	0.00
Common Stock, $0.01 par value (2024 Performance Stock Unit) Direct	5/16/2024	M · Option Exercise	+8.02K	—	—	New position	0.00	8.02K
Common Stock, $0.01 par value (2024 Performance Stock Unit) Direct	5/16/2024	D · Disposition	−8.02K	—	—	New position	8.02K	0.00
Total			−14K		$0.00

Derivative Transactions2

Performance Stock Unit (2023)

Direct

A · Award

Converts to

Common Stock

12.06K shares

+12.06K

Strike price

Held after

12.06K

Exercisable

—

5/16/2024

Performance Stock Unit (2024)

Direct

A · Award

Converts to

Common Stock

8.02K shares

+8.02K

Strike price

Held after

8.02K

Exercisable

—

5/16/2024

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Performance Stock Unit (2023) Direct	Common Stock12.06K shares	5/16/2024	A · Award	+12.06K	0	—	12.06K
Performance Stock Unit (2024) Direct	Common Stock8.02K shares	5/16/2024	A · Award	+8.02K	0	—	8.02K