SEC Form 4 · accession 0001214659-16-014825
Good Times Restaurants Inc. · GTIM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Boyd E Hoback
Officer — President, CEO · Director
Period of report
Nov 16, 2016
Accepted (ET)
Nov 17, 2016 · 5:14 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000825324
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F2 | $0.00 | Nov 16, 2016 | A | 19,551 | A | — | — | Common Stock | 19,551 | 287,488 | D |
| Incentive Stock OptionF3 | $3.15 | Nov 16, 2016 | A | 29,333 | A | Nov 16, 2017 | Nov 23, 2023 | Common Stock | 29,333 | 316,821 | D |
Explanation of responses
- F1Restricted Stock Units shall vest over three years, with 1/3 of the total shares issued each year beginning one year from date of grant and becoming fully vested and nonforfeitable on the third anniversary from the grant date.
- F2not applicable
- F3Incentive Stock Options shall vest over five years, with 1/5 of the total shares issued each year beginning one year from date of grant and become fully vested and nonforfeitable on the third anniversary from the grant date