Geoffrey R. Bailey - 01 Dec 2021 Form 4 Insider Report for Good Times Restaurants Inc. (GTIM)

Role
Director
Signature
Geoffrey R. Bailey
Issuer symbol
GTIM
Transactions as of
01 Dec 2021
Net transactions value
+$6,550
Form type
4
Filing time
03 Dec 2021, 15:10:22 UTC
Previous filing
18 Nov 2021
Next filing
19 Dec 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GTIM Common Stock Award $0 +2,314 +4.6% $0.000000 52,942 01 Dec 2021 Direct F1
transaction GTIM Common Stock Options Exercise $6,550 +5,000 +9.4% $1.31 57,942 01 Dec 2021 Direct 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
transaction GTIM Non Qualified Stock Options Options Exercise $0 -5,000 -100% $0.000000* 0 01 Dec 2021 Common Stock 0 $1.31 Direct F2
holding GTIM Non-Qualified Stock Options 2,000 01 Dec 2021 Common Stock 2,000 $2.31 Direct F3
holding GTIM Non-Qualified Stock Options 5,000 01 Dec 2021 Common Stock 5,000 $2.44 Direct F4
holding GTIM Non-Qualified Stock Options 3,781 01 Dec 2021 Common Stock 3,781 $5.29 Direct F5
holding GTIM Non-Qualified Stock Options 2,715 01 Dec 2021 Common Stock 2,715 $4.25 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person received a discretionary grant of common stock.
F2 Represents the conversion upon exercise of Non Qualified Stock Options. The reporting person was granted 5,000 Restricted Stock Units on December 14, 2011 vesting at 1/5 of the total granted amount over five years. Such Non Qualified 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 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.