4//SEC Filing
Locke Charles 4
Accession 0000899243-18-006705
CIK 0001534992other
Filed
Mar 6, 7:00 PM ET
Accepted
Mar 7, 7:02 PM ET
Size
8.4 KB
Accession
0000899243-18-006705
Insider Transaction Report
Form 4
Locke Charles
President, Taco Cabana
Transactions
- Award
Performance Rights
2018-03-05+18,049→ 18,049 total→ Common Stock (18,049 underlying) - Award
Common Stock, par value $0.01 per share
2018-03-05+6,017→ 7,582 total
Footnotes (3)
- [F1]The Shares were granted to the Reporting Person pursuant to the Issuer's 2012 Stock Incentive Plan.
- [F2]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.
- [F3](Continued from footnote 2) 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 0001720115
Filing Metadata
- Form type
- 4
- Filed
- Mar 6, 7:00 PM ET
- Accepted
- Mar 7, 7:02 PM ET
- Size
- 8.4 KB