SEC Form 4 · accession 0001214659-17-006859
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, 2017
Accepted (ET)
Nov 20, 2017 · 5:11 pm EST
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 | Nov 16, 2017 | M | 6,517 | $0.00 | A | 88,896 | 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 | 9,500 | 9,500 | D |
| Incentive Stock Option | $3.45 | holding | — | — | — | Nov 6, 2012 | Nov 6, 2019 | Common | 4,550 | 14,050 | D |
| Incentive Stock Option | $1.56 | holding | — | — | — | Dec 13, 2013 | Dec 13, 2020 | Common | 10,647 | 24,697 | D |
| Non Qualified Stock Option | $1.31 | holding | — | — | — | Dec 14, 2014 | Dec 14, 2021 | Common | 5,000 | 29,697 | D |
| Incentive Stock Option | $2.31 | holding | — | — | — | Jan 2, 2016 | Jan 2, 2023 | Common | 45,696 | 75,393 | D |
| Incentive Stock Option | $2.48 | holding | — | — | — | Nov 21, 2016 | Nov 21, 2023 | Common | 44,000 | 119,393 | D |
| Incentive Stock OptionF2 | $7.79 | holding | — | — | — | — | Mar 13, 2025 | Common | 38,511 | 157,904 | D |
| Non Qualified Stock OptionF3 | $7.79 | holding | — | — | — | — | Mar 13, 2025 | Common | 38,511 | 196,415 | D |
| Incentive Stock OptionF4 | $5.29 | holding | — | — | — | — | Nov 23, 2025 | Common | 16,635 | 213,050 | D |
| Incentive Stock OptionF5 | $3.15 | holding | — | — | — | — | Nov 16, 2026 | Common | 29,333 | 242,383 | D |
| Restricted Stock UnitF6 | $0.00 | holding | — | — | — | — | Nov 16, 2019 | Common | 13,034 | 255,417 | D |
| Restricted Stock UnitF7 | $0.00 | holding | — | — | — | — | Nov 23, 2018 | Common | 8,151 | 263,568 | D |
Explanation of responses
- F1Represents the conversion upon vesting of restricted stock awards into common stock (the "Converted Common Stock "). The reporting person was granted 19,551 restricted stock units on November 16, 2016 of which 1/3 of the shares of the grant vested on November 16, 2017. Such restricted stock units were previously reported in Table II on a Form 4 filed with the Securities and Exchange Commission.
- F2The Incentive 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 March 13, 2016.
- F4The Incentive Stock Options vest in three equal annual installments with the first installment vesting November 23, 2016.
- F5The Incentive Stock Options vest in three equal annual installments with the first installment vesting November 16, 2017.
- F6The reporting person was granted 19,551 restricted stock units on November 16, 2016 of which 1/3 of the total granted amount vested on November 16, 2017. Such restricted stock units were previously reported in Table II on a Form 4 filed with the Securities and Exchange Commission.
- F7The reporting person was granted 12,227 restricted stock units on November 23, 2015 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.