SEC Form 4 · accession 0000914760-16-000442
Del Taco Restaurants, Inc. · TACO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Jul 6, 2016
Accepted (ET)
Jul 7, 2016 · 5:37 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001585583
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jul 6, 2016 | J | 1,783,781 | $0.00 | D | 2,316,459 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private Placement WarrantsF2 | $11.50 | Jul 6, 2016 | J | 5,049,623 | D | — | — | Common Stock | 5,049,623 | 1,769,652 | D |
Explanation of responses
- F1Reflects pro rata distribution by Levy Acquisition Sponsor, LLC to its members, in accordance with their membership interests in Levy Acquisition Sponsor, LLC, for no consideration. The transaction is exempt under the Securities and Exchange Act of 1934, as amended (the "Exchange Act"). In the pro rata distribution, Levy Family Partners, LLC, the manager and a member of Levy Acquisition Sponsor, LLC, received 692,459 shares of Common Stock and Warrants to purchase 1,769,652 shares of Common Stock. In addition, upon completion of the distribution, Levy Acquisition Sponsor, LLC ceased to be subject to Section 16 of the Exchange Act.
- F2The warrants became exercisable on July 30, 2015 and will expire on June 30, 2020 or earlier upon certain events.