SEC Form 4 · accession 0001214659-16-011275
Good Times Restaurants Inc. · GTIM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
K Zielke James
Officer — Chief Financial Officer
Period of report
May 4, 2016
Accepted (ET)
May 5, 2016 · 11:36 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000825324
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 4, 2016 | M | 3,544 | $0.00 | A | 33,644 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock AwardF2,F3,F4 | — | May 4, 2015 | A | 7,088 | A | — | — | Common | 7,088 | 20,486 | D |
Explanation of responses
- F11. Represents the conversion upon vesting of restricted stock awards into common stock (the "Converted Common Stock "). The reporting person was granted 10,632 restricted stock units on May 4, 2015 of which 1/3 of the shares of the grant vested on May 4, 2016. Such restricted stock units were previously reported in Table II on a Form 4 filed with the Securities and Exchange Commission on May 6, 2015.
- F2Each restricted stock unit represents the contingent right to receive one share of common stock upon vesting of the unit.
- F3The reporting person was granted 10,632 restricted stock units on May 4, 2015, of which 1/3 of the shares of the grant vested on May 4, 2016. The common stock into which such vested restricted stock units converted on May 4, 2016 is reported in Table I on this Form 4. The remaining unvested restricted stock units will continue to vest as to 1/3RD of the original number of shares subject to the restricted stock units on May 4 until fully vested
- F4Not applicable.