Scott Lefever - Jun 28, 2021 Form 4 Insider Report for Good Times Restaurants Inc. (GTIM)

Role
Vice President of Operations
Signature
Scott G. LeFever
Stock symbol
GTIM
Transactions as of
Jun 28, 2021
Transactions value $
$0
Form type
4
Date filed
6/30/2021, 04:15 PM
Previous filing
Jun 10, 2021
Next filing
Jan 26, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GTIM Common Stock Options Exercise $0 +3.14K $0.00 3.14K Jun 28, 2021 Direct F1

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 GTIM Restricted Stock Units 3.19K Jun 28, 2021 Common Stock 3.19K $0.00 Direct F2
holding GTIM Incentive Stock Options (Right to buy) 13.4K Jun 28, 2021 Common Stock 7.09K $5.29 Direct F3
holding GTIM Incentive Stock Options (Right to Buy) 25.9K Jun 28, 2021 Common Stock 12.5K $3.15 Direct F4
holding GTIM Incentive Stock Options (Right to buy) 37.3K Jun 28, 2021 Common Stock 11.4K $3.55 Direct F5
holding GTIM Incentive Stock Options (Right to buy) 41.8K Jun 28, 2021 Common Stock 4.44K $4.25 Direct F6
holding GTIM Incentive Stock Options (Right to buy) 50.5K Jun 28, 2021 Common Stock 8.7K $4.66 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the conversion upon vesting of restricted stock awards into common stock (the "Converted Common Stock "). The reporting person was granted 9,412 restricted stock units on June 27, 2018 vesting at at 1/3 of the total granted over three years. Such restricted stock units were previously reported in Table II on a Form 4 filed with the Securities and Exchange Commission.
F2 The Reporting Person was granted 9,556 Restricted Stock Units on November 16, 2018 vesting at 1/3 of the total granted amount over three years. Such Restricted Stock Units were previously reported in Table II on a Form 4 filed with the Securities and Exchange Commission.
F3 The Reporting Person was granted 7,089 Incentive Stock Options (Right to Buy) on November 23, 2015 vesting at 1/5 of the total amount granted over five years. Such Incentive Stock Options were previously reported in Table II on a Form 4 filed with the Securities and Exchange Commission.
F4 The Reporting Person was granted 12,500 Incentive Stock Options (Right to Buy) on November 16, 2016 vesting at 1/5 of the total amount granted over five years. Such Incentive Stock Options were previously reported in Table II on a Form 4 filed with the Securities and Exchange Commission.
F5 The Reporting Person was granted 11,424 Incentive Stock Options (Right to Buy) on June 27, 2018 vesting at 1/5 of the total amount granted over five years. Such Incentive Stock Options were previously reported in Table II on a Form 4 filed with the Securities and Exchange Commission.
F6 The Reporting Person was granted 4,443 Incentive Stock Options (Right to Buy) on July 23, 2018 vesting at 1/5 of the total amount granted over five years. Such Incentive Stock Options were previously reported in Table II on a Form 4 filed with the Securities and Exchange Commission.
F7 The Reporting Person was granted 8,703 Incentive Stock Options (Right to Buy) on November 16, 2018 vesting at 1/5 of the total amount granted over five years. Such Incentive Stock Options were previously reported in Table II on a Form 4 filed with the Securities and Exchange Commission.