4//SEC Filing
BRINK JOSEPH 4
Accession 0000899243-18-006701
CIK 0001534992other
Filed
Mar 6, 7:00 PM ET
Accepted
Mar 7, 7:00 PM ET
Size
10.3 KB
Accession
0000899243-18-006701
Insider Transaction Report
Form 4
BRINK JOSEPH
VP, Chief Procurement Officer
Transactions
- Award
Common Stock, par value $0.01 per share
2018-03-05+2,674→ 19,110 total - Sale
Common Stock, par value $0.01 per share
2018-03-06$18.70/sh−104$1,945→ 19,006 total - Award
Performance Rights
2018-03-05+2,674→ 2,674 total→ Common Stock (2,674 underlying)
Footnotes (4)
- [F1]The Shares were granted to the Reporting Person pursuant to the Issuer's 2012 Stock Incentive Plan.
- [F2]The Shares were disposed of in connection with, and the net proceeds therefrom will be used for, the payment of taxes by the Reporting Person due relating to the current vesting of restricted stock granted to the Reporting Person under the Issuer's 2012 Stock Incentive Plan.
- [F3]Each performance right represents a contingent right to receive one share of the Issuer's common stock. The performance rights vest as follows: (i) 1/3 vests on March 6, 2019 upon the Issuer's common stock achieving a closing market price at or above $30.00 for 20 consecutive trading days at any point during the period between March 6, 2018 and March 6, 2019, (ii) 1/3 vests on March 6, 2020 upon the Issuer's common stock achieving a closing market price at or above $35.00 for 20 consecutive trading days at any point during the period between March 6, 2019 and March 6, 2020, (iii) 1/3 vests on March 6, 2021 upon the Issuer's common stock achieving a closing market price at or above $40.00 for 20 consecutive trading days at any point during the period between March 6, 2020 and March 6, 2021, and (iv) the employment of the Reporting Person by the Issuer on the applicable vesting date.
- [F4](Continued from footnote 3) If the Issuer common stock target price above for any performance period is not met, any unvested shares of the Issuer's common stock will be rolled over to the subsequent performance period on a pro rata basis and subject to the Issuer common stock target price for such subsequent performance period.
Documents
Issuer
Fiesta Restaurant Group, Inc.
CIK 0001534992
Entity typeother
Related Parties
1- filerCIK 0001714923
Filing Metadata
- Form type
- 4
- Filed
- Mar 6, 7:00 PM ET
- Accepted
- Mar 7, 7:00 PM ET
- Size
- 10.3 KB