SEC Form 4 · accession 0001214659-16-012197
Good Times Restaurants Inc. · GTIM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary J Heller
Director
Period of report
Jun 13, 2016
Accepted (ET)
Jun 14, 2016 · 8:00 pm 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 |
|---|---|---|---|---|---|---|---|---|
| CommonF1 | Jun 13, 2016 | S | 10,000 | $3.48 | D | 2,667 | D | |
| Common | holding | — | — | — | 12,667 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non Qualified Stock Option | $1.56 | Jun 13, 2016 | X | 667 | D | Jan 13, 2016 | Dec 13, 2020 | Common | 667 | 24,165 | D |
| Non Qualified Stock Option | $1.31 | Jun 13, 2016 | X | 5,000 | D | Dec 14, 2011 | Dec 14, 2022 | Common | 5,000 | 19,165 | D |
| Non Qualified Stock Option | $2.31 | Jun 13, 2016 | X | 2,000 | D | Dec 14, 2011 | Dec 14, 2022 | Common | 2,000 | 17,165 | D |
| Non Qualified Stock Option | $2.44 | Jun 13, 2016 | X | 5,000 | D | Sep 27, 2013 | Sep 27, 2023 | Common | 5,000 | 12,165 | D |
Explanation of responses
- F1Reflects the weighted average sale price of the shares sold. The shares were sold in multiple trades at prices ranging from $3.43 to $3.54 per share. The reporting person will provide to the SEC staff, the issuer or a security holder of the issuer, upon request, full information regarding the number of shares sold at separate prices within the foregoing range.