Fund 1 Investments, LLC - Aug 5, 2024 Form 3 Insider Report for BJs RESTAURANTS INC (BJRI)

Role: 10%+ Owner
Signature: /s/ Fund 1 Investments, LLC By: Benjamin C. Cable, Chief Operating Officer
Stock symbol: BJRI
Transactions as of: Aug 5, 2024
Transactions value $: $0
Form type: 3
Date filed: 8/19/2024, 07:34 PM
Previous filing: Aug 2, 2024
Next filing: Aug 12, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	BJRI	Common stock, no par value						2.32M	Aug 5, 2024	See Footnotes	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	BJRI	Cash-Settled Total Return Swap							Aug 5, 2024	Common stock, no par value	1.15M		See Footnotes	F1, F2, F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Securities reported herein are held for the benefit of Pleasant Lake Onshore Feeder Fund, LP (the "PL Fund") for which Pleasant Lake Partners LLC ("PLP") serves as investment adviser. Fund 1 Investments, LLC ("Fund 1") serves as managing member of PLP. Jonathan Lennon (together with Fund 1, PLP and PL Fund, the "Reporting Persons") serves as managing member of Fund 1. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein.
F2	Securities held for the account of PL Fund.
F3	The Reporting Persons have entered into cash-settled total return swaps (the "Swap Agreements") with an unaffiliated third-party financial institution, which provide the Reporting Persons with economic exposure to an aggregate of 1,147,103 notional shares. The Swap Agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do not provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the Swap Agreements (the "Subject Shares"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein.
F4	The expiration date of the Swap Agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 calendar days prior to any subsequent extension, not to so extend the expiration date.