SEC Form 4 · accession 0001214659-18-004637
Good Times Restaurants Inc. · GTIM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott Lefever
Officer — Vice President of Operations
Period of report
Jun 27, 2018
Accepted (ET)
Jun 29, 2018 · 3:23 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000825324
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock OptionF1 | $3.55 | Jun 27, 2018 | A | 11,424 | A | Jun 27, 2019 | Jun 27, 2028 | Common Stock | 11,424 | 100,866 | D |
| Restricted Stock UnitsF2 | $3.55 | Jun 27, 2018 | A | 9,412 | A | Jun 27, 2019 | — | Common Stock | 9,412 | 110,278 | D |
Explanation of responses
- F1The Incentive Stock Options vest in three equal annual installments with the first installment vesting June 27, 2019.
- F2Restricted Stock Units shall vest over three years, with 1/3 of the total shares granted represented each year beginning one year from date of grant and become fully vested and nonforfeitable on the third anniversary from the grant date.