SEC Form 4 · accession 0001214659-17-006958
Good Times Restaurants Inc. · GTIM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Geoffrey R Bailey
Director
Period of report
Nov 23, 2017
Accepted (ET)
Nov 27, 2017 · 1:11 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 23, 2017 | M | 441 | $0.00 | A | 7,965 | D |
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 | $4.41 | holding | — | — | — | Nov 14, 2008 | Nov 14, 2018 | Common | 666 | 666 | D |
| Non Qualified Stock Option | $3.45 | holding | — | — | — | Nov 6, 2009 | Nov 6, 2019 | Common | 666 | 1,332 | D |
| Non Qualified Stock Option | $1.56 | holding | — | — | — | Dec 13, 2010 | Dec 13, 2020 | Common | 666 | 2 | D |
| Non Qualified Stock Option | $1.31 | holding | — | — | — | Dec 14, 2011 | Dec 14, 2021 | Common | 5,000 | 6,998 | D |
| Non Qualified Stock Option | $2.31 | holding | — | — | — | Jan 2, 2013 | Jan 2, 2023 | Common | 2,000 | 8,998 | D |
| Non Qualified Stock Option | $2.44 | holding | — | — | — | Sep 27, 2013 | Sep 27, 2023 | Common | 5,000 | 13,998 | D |
| Non Qualified Stock OptionF2 | $7.79 | holding | — | — | — | — | Mar 13, 2025 | Common | 7,060 | 21,058 | D |
| Non Qualified Stock OptionF3 | $5.29 | holding | — | — | — | — | Nov 23, 2025 | Common | 3,781 | 24,839 | D |
| Restricted Stock UnitF4 | $0.00 | holding | — | — | — | — | Nov 23, 2018 | Common | 441 | 25,280 | D |
| Restricted Stock UnitF5 | $0.00 | holding | — | — | — | — | Nov 16, 2019 | Common | 3,733 | 29,013 | 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 1,324 restricted stock units on November 23, 2015 of which 1/3 of the shares of the grant vested on November 23, 2016 and an additional 1/3 of the shares vested on November 23, 2017. Such restricted stock units were previously reported in Table II on a Form 4 filed with the Securities and Exchange Commission on November 25, 2015.
- 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 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.
- F5The reporting person was granted 5,600 restricted stock units on November 16, 2016 vesting at 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.