Scott Lefever - Nov 16, 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
Nov 16, 2021
Transactions value $
$0
Form type
4
Date filed
11/18/2021, 03:15 PM
Previous filing
Jun 30, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GTIM Common Stock Options Exercise $0 +3.19K +101.56% $0.00 6.32K Nov 16, 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
transaction GTIM Restricted Stock Unit Options Exercise $0 -3.19K -100% $0.00* 0 Nov 16, 2021 Common Stock 0 $0.00 Direct F1
holding GTIM Incentive Stock Options (Right to buy) 7.09K Nov 16, 2021 Common Stock 7.09K $5.29 Direct F2
holding GTIM Incentive Stock Options (Right to Buy) 12.5K Nov 16, 2021 Common Stock 12.5K $3.15 Direct F3
holding GTIM Incentive Stock Options (Right to buy) 11.4K Nov 16, 2021 Common Stock 11.4K $3.55 Direct F4
holding GTIM Incentive Stock Options (Right to buy) 4.44K Nov 16, 2021 Common Stock 4.44K $4.25 Direct F5
holding GTIM Incentive Stock Options (Right to buy) 8.7K Nov 16, 2021 Common Stock 8.7K $4.66 Direct F6
* 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 9,556 restricted stock units on November 16, 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 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.
F3 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.
F4 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.
F5 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.
F6 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.