Scott G. LeFever - 16 Nov 2021 Form 4 Insider Report for Good Times Restaurants Inc. (GTIM)

Role
Vice President of Operations
Signature
Scott G. LeFever
Issuer symbol
GTIM
Transactions as of
16 Nov 2021
Net transactions value
$0
Form type
4
Filing time
18 Nov 2021, 15:15:37 UTC
Previous filing
30 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GTIM Common Stock Options Exercise $0 +3,186 +102% $0.000000 6,323 16 Nov 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 -3,186 -100% $0.000000* 0 16 Nov 2021 Common Stock 0 $0.000000 Direct F1
holding GTIM Incentive Stock Options (Right to buy) 7,089 16 Nov 2021 Common Stock 7,089 $5.29 Direct F2
holding GTIM Incentive Stock Options (Right to Buy) 12,500 16 Nov 2021 Common Stock 12,500 $3.15 Direct F3
holding GTIM Incentive Stock Options (Right to buy) 11,424 16 Nov 2021 Common Stock 11,424 $3.55 Direct F4
holding GTIM Incentive Stock Options (Right to buy) 4,443 16 Nov 2021 Common Stock 4,443 $4.25 Direct F5
holding GTIM Incentive Stock Options (Right to buy) 8,703 16 Nov 2021 Common Stock 8,703 $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.