SEC Form 4 · accession 0001214659-17-006955
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
Nov 16, 2017
Accepted (ET)
Nov 27, 2017 · 1:10 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 | 1,867 | $0.00 | A | 42,744 | D | |
| CommonF2 | holding | — | — | — | 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 OptionF3 | $7.79 | holding | — | — | — | — | Mar 13, 2025 | Common | 7,060 | 16,060 | D |
| Non Qualified Stock OptionF4 | $5.29 | holding | — | — | — | — | Nov 23, 2025 | Common | 3,781 | 19,841 | D |
| Restricted Stock UnitF5 | $0.00 | holding | — | — | — | — | Nov 23, 2018 | Common | 882 | 20,723 | D |
| Restricted Stock UnitF6 | $0.00 | holding | — | — | — | — | Nov 16, 2019 | Common | 3,733 | 24,456 | 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 5,600 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.
- F2Shares are owned indirectly and are held in the entity Termar Enterprises, Inc. Mr. Teran is the President of Termar Enterprises, Inc..
- F3These Non-Qualified Stock Options vest in three equal annual installments with the first installment vesting March 13, 2016.
- F4These Non-Qualified Stock Options vest in three equal annual installments with the first installment vesting November 23, 2016
- F5The 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.
- F6The reporting person was granted 5,600 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.