SEC Form 4 · accession 0001214659-17-005669
Good Times Restaurants Inc. · GTIM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Susan M Knutson
Officer — Controller
Period of report
Sep 18, 2017
Accepted (ET)
Sep 19, 2017 · 12:16 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 Stock | Sep 18, 2017 | S | 2,910 | $2.60 | D | 17,000 | D | |
| Common Stock | Sep 18, 2017 | S | 4,764 | $2.6001 | D | 12,236 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock Option | $4.41 | holding | — | — | — | Nov 14, 2011 | Nov 14, 2018 | Common | 2,034 | 2 | D |
| Incentive Stock Option | $3.45 | holding | — | — | — | Nov 6, 2012 | Nov 6, 2019 | Common | 1,267 | 3,301 | D |
| Incentive Stock Option | $1.56 | holding | — | — | — | Dec 13, 2013 | Dec 13, 2020 | Common | 5,323 | 8,624 | D |
| Incentive Stock Option | $2.31 | holding | — | — | — | Jan 2, 2016 | Jan 2, 2023 | Common | 18,132 | 26,756 | D |
| Incentive Stock Option | $2.48 | holding | — | — | — | Nov 21, 2016 | Nov 21, 2024 | Common | 10,000 | 36,756 | D |
| Incentive Stock OptionF1 | $7.79 | holding | — | — | — | — | Mar 13, 2025 | Common | 5,520 | 42,276 | D |
| Incentive Stock OptionF2 | $5.29 | holding | — | — | — | — | Nov 23, 2025 | Common | 4,159 | 46,435 | D |
| Restricted Stock UnitF3 | $0.00 | holding | — | — | — | — | Nov 23, 2018 | Common | 3,493 | 49,928 | D |
| Incentive Stock OptionF4 | $3.15 | holding | — | — | — | — | Nov 16, 2026 | Common | 7,700 | 57,628 | D |
| Restricted Stock UnitF5 | $0.00 | holding | — | — | — | — | Nov 16, 2019 | Common | 6,191 | 63,819 | D |
Explanation of responses
- F1The Incentive Stock Options vest in three equal annual installments with the first installment vesting March 13, 2016.
- F2The Incentive Stock Options vest in three equal annual installments with the first installment vesting November 23, 2016.
- F3The reporting person was granted 5,240 restricted stock units on November 23, 2015 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.
- F4The Incentive Stock Options vest in three equal annual installments with the first installment vesting November 16, 2017.
- F5The reporting person was granted 6,191 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.