SEC Form 4 · accession 0001214659-18-007243
Good Times Restaurants Inc. · GTIM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ryan M Zink
Officer — Chief Financial Officer
Period of report
Nov 16, 2018
Accepted (ET)
Nov 20, 2018 · 11:22 am 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 |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 37,346 | 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 Options (Right to Buy)F2,F1 | $4.66 | Nov 16, 2018 | A | 12,876 | A | Nov 16, 2019 | Nov 16, 2028 | Common Stock | 12,876 | 52,567 | D |
| Restricted Stock UnitsF3 | $0.00 | Nov 16, 2018 | A | 13,021 | A | Nov 16, 2019 | Nov 16, 2021 | Common Stock | 13,021 | 65,588 | D |
Explanation of responses
- F1The strike price of the Incentive Stock Options (Right to Buy) is set at the greater of the closing market price on the date of grant or the average closing price for the preceding 90 calendar days.
- F2The reporting person was granted 12,876 Incentive Stock Options (Right to Buy) on November 16, 2018 vesting at 1/5 the total amount granted over five years.
- F3The reporting person was granted 13,021 Restricted Stock Units vesting at 1/3 of the total amount granted over three years.