Starboard Value Trims Stake In Four Corners Property Trust, Inc. (FCPT)

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Page 19 of 26 SEC Filing
CUSIP NO. 35086T109
C.           Starboard C LP
 
(a)
As of the close of business on March 15, 2016, Starboard C LP beneficially owned 117,757 Shares.
 
Percentage: Less than 1%
 
(b)

1. Sole power to vote or direct vote: 117,757

2. Shared power to vote or direct vote: 0

3. Sole power to dispose or direct the disposition: 117,757

4. Shared power to dispose or direct the disposition: 0
 
(c)
The transactions in the Shares by Starboard C LP during the past sixty days are set forth in Schedule A and are incorporated herein by reference.
D.           Starboard R LP
 
(a)
Starboard R LP, as the general partner of Starboard C LP, may be deemed the beneficial owner of the 117,757 shares owned by Starboard C LP.
 
Percentage: Less than 1%
 
(b)

1. Sole power to vote or direct vote: 117,757

2. Shared power to vote or direct vote: 0

3. Sole power to dispose or direct the disposition: 117,757

4. Shared power to dispose or direct the disposition: 0
 
(c)
Starboard R LP has not entered into any transactions in the Shares during the past sixty days.  The transactions in the Shares on behalf of Starboard C LP during the past sixty days are set forth in Schedule A and are incorporated herein by reference.
E.            Starboard R GP
 
(a)
Starboard R GP, as the general partner of Starboard R LP, may be deemed the beneficial owner of the 117,757 shares owned by Starboard C LP.
 
Percentage: Less than 1%
 
(b)

1. Sole power to vote or direct vote: 117,757

2. Shared power to vote or direct vote: 0

3. Sole power to dispose or direct the disposition: 117,757

4. Shared power to dispose or direct the disposition: 0
 
(c)
Starboard R GP has not entered into any transactions in the Shares during the past sixty days.  The transactions in the Shares on behalf of Starboard C LP during the past sixty days are set forth in Schedule A and are incorporated herein by reference.

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