SEC Form 4 · accession 0001214659-18-007253
Good Times Restaurants Inc. · GTIM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert J Stetson
Director
Period of report
Nov 16, 2018
Accepted (ET)
Nov 20, 2018 · 1:03 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 |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 103,894 | D | ||
| Common StockF1 | holding | — | — | — | 440,000 | I | By REIT Redux, LP | |
| Common StockF2 | holding | — | — | — | 20,500 | I | By Leanlien, LLC | |
| Common StockF3 | holding | — | — | — | 48,817 | I | By SLKW Investments LLC |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF4 | $0.00 | Nov 16, 2018 | A | 2,740 | A | Nov 16, 2019 | Nov 16, 2021 | Restricted Stock Units | 2,740 | 2,740 | D |
Explanation of responses
- F1The reporting person is the president of REIT Redux GP, the general partner of REIT Redux LP. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, of the shares held by REIT Redux LP, except to the extent of his pecuniary interest therein.
- F2Leanlien, LLC, a trust in which the reporting person beneficially owns 61% and his children beneficially own 39%
- F3The reporting person is the managing member and is a beneficial owner of SLKW Investments, LLC.
- F4The reporting person was granted 2,740 Restricted Stock Units on November 16, 2018 vesting at 1/3 of the total amount granted over three years.