Geoffrey R. Bailey - Nov 16, 2021 Form 4 Insider Report for Good Times Restaurants Inc. (GTIM)

Role
Director
Signature
Geoffrey R. Bailey
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
Next filing
Dec 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GTIM Common Stock Options Exercise $0 +914 +1.84% $0.00 50.6K 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
transaction GTIM Restricted Stock Unit Options Exercise $0 -914 -100% $0.00* 0 Nov 16, 2021 Common Stock 0 $0.00 Direct F1
holding GTIM Non-Qualified Stock Options 5K Nov 16, 2021 Common Stock 5K $1.31 Direct F2
holding GTIM Non-Qualified Stock Options 2K Nov 16, 2021 Common Stock 2K $2.31 Direct F3
holding GTIM Non-Qualified Stock Options 5K Nov 16, 2021 Common Stock 5K $2.44 Direct F4
holding GTIM Non-Qualified Stock Options 3.78K Nov 16, 2021 Common Stock 3.78K $5.29 Direct F5
holding GTIM Non-Qualified Stock Options 2.72K Nov 16, 2021 Common Stock 2.72K $4.25 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 Units into Common Stock. The reporting person was granted 2,740 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.
F2 The Reporting Person was granted 5,000 Non-Qualified Stock Options (Right to Buy) on December 14, 2011 vesting at 1/5 of the total amount granted over five years.
F3 The Reporting Person was granted 2,000 Non-Qualified Stock Options (Right to Buy) on January 1, 2013 vesting at 1/5 of the total amount granted over five years.
F4 The Reporting Person was granted 5,000 Non-Qualified Stock Options (Right to Buy) on September 27, 2013 vesting at 1/5 of the total amount granted over five years.
F5 The Reporting Person was granted 3,781 Non-Qualified Stock Options (Right to Buy) on November 23, 2015 vesting at 1/5 of the total amount granted over five years.
F6 The Reporting Person was granted 2,715 Non-Qualified Stock Options (Right to Buy) on July 23, 2018 vesting at 1/5 of the total amount granted over five years.