Filing Details

Accession Number:
0000899243-18-006701
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-03-07 19:00:40
Reporting Period:
2018-03-05
Accepted Time:
2018-03-07 19:00:40
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1534992 Fiesta Restaurant Group Inc. FRGI Retail-Eating Places (5812) 900712224
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1714923 Joseph Brink C/O Fiesta Restaurant Group, Inc.
14800 Landmark Boulevard, Suite 500
Dallas TX 75254
Vp, Chief Procurement Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, Par Value $0.01 Per Share Acquisiton 2018-03-05 2,674 $0.00 19,110 No 4 A Direct
Common Stock, Par Value $0.01 Per Share Disposition 2018-03-06 104 $18.70 19,006 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Performance Rights Acquisiton 2018-03-05 2,674 $0.00 2,674 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
2,674 No 4 A Direct
Footnotes
  1. The Shares were granted to the Reporting Person pursuant to the Issuer's 2012 Stock Incentive Plan.
  2. 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.
  3. 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.
  4. (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.