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

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Page 20 of 26 SEC Filing
CUSIP NO. 35086T109
F.            Starboard Delta LLC
 
(a)
As of the close of business on March 15, 2016, Starboard Delta LLC beneficially owned 1,280,353 Shares.
 
Percentage: Approximately 2.1%
 
(b)

1. Sole power to vote or direct vote: 1,280,353

2. Shared power to vote or direct vote: 0

3. Sole power to dispose or direct the disposition: 1,280,353

4. Shared power to dispose or direct the disposition: 0
 
(c)
The transactions in the Shares by Starboard Delta LLC during the past sixty days are set forth in Schedule A and are incorporated herein by reference.
G.           Starboard Leaders Fund
 
(a)
Starboard Leaders Fund, as a member of Starboard Delta LLC, may be deemed the beneficial owner of the 1,280,353 shares owned by Starboard Delta LLC.
 
Percentage: Approximately 2.1%
 
(b)

1. Sole power to vote or direct vote: 1,280,353

2. Shared power to vote or direct vote: 0

3. Sole power to dispose or direct the disposition: 1,280,353

4. Shared power to dispose or direct the disposition: 0
 
(c)
Starboard Leaders Fund has not entered into any transactions in the Shares during the past sixty days.  The transactions in the Shares on behalf of Starboard Delta LLC during the past sixty days are set forth in Schedule A and are incorporated herein by reference.
H.           Starboard A LP
 
(a)
Starboard A LP, as the general partner of Starboard Leaders Fund and the managing member of Starboard Delta LLC, may be deemed the beneficial owner of the 1,280,353 shares owned by Starboard Delta LLC.
 Percentage: Approximately 2.1%
 
(b)

1. Sole power to vote or direct vote: 1,280,353

2. Shared power to vote or direct vote: 0

3. Sole power to dispose or direct the disposition: 1,280,353

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

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