SEC Form 4 · accession 0001214659-17-005182
Good Times Restaurants Inc. · GTIM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan A Teran
Director
Period of report
Aug 16, 2017
Accepted (ET)
Aug 17, 2017 · 1:14 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 |
|---|---|---|---|---|---|---|---|---|
| Common | Aug 16, 2017 | P | 3,000 | $2.8966 | A | 40,877 | D | |
| CommonF1 | Aug 16, 2017 | P | 6,000 | $2.8966 | A | 8,000 | I | By Termar Enterprises, Inc. |
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 | $2.12 | holding | — | — | — | Jun 7, 2012 | Jun 7, 2022 | Common | 2,000 | 2,000 | D |
| Non Qualified Stock Option | $2.31 | holding | — | — | — | Jan 2, 2013 | Jan 2, 2023 | Common | 2,000 | 4,000 | D |
| Non Qualified Stock Option | $2.44 | holding | — | — | — | Sep 27, 2013 | Sep 27, 2023 | Common | 5,000 | 9,000 | D |
| Non Qualified Stock OptionF2 | $7.79 | holding | — | — | — | — | Mar 13, 2025 | Common | 7,060 | 16,060 | D |
| Non Qualified Stock OptionF3 | $5.29 | holding | — | — | — | — | Nov 23, 2025 | Common | 3,781 | 19,841 | D |
| Restricted Stock UnitF4 | $0.00 | holding | — | — | — | — | Nov 23, 2018 | Common | 883 | 20,724 | D |
| Restricted Stock UnitF5 | $0.00 | holding | — | — | — | — | Nov 16, 2019 | Common | 5,600 | 26,324 | D |
Explanation of responses
- F1Shares are owned indirectly and are held in the entity Termar Enterprises, Inc. Mr. Teran is the President of Termar Enterprises, Inc..
- F2These Non-Qualified Stock Options vest in three equal annual installments with the first installment vesting March 13, 2016.
- F3These Non-Qualified Stock Options vest in three equal annual installments with the first installment vesting November 23, 2016
- F4The reporting person was granted 1,324 restricted stock units of which 1/3 of the shares of the grant vested on November 23, 2016. Such restricted stock units were previously reported in Table II on a Form 4 filed with the Securities and Exchange Commission.
- F5The reporting person was granted 5,600 restricted stock units on November 16, 2016 vesting at 1/3 of the total granted amount over three years. Such restricted stock units were previously reported in Table II on a Form 4 filed with the Securities and Exchange Commission.