Geoffrey R. Bailey - Dec 15, 2022 Form 4 Insider Report for Good Times Restaurants Inc. (GTIM)

Role
Director
Signature
Geoffrey R. Bailey
Stock symbol
GTIM
Transactions as of
Dec 15, 2022
Transactions value $
$4,620
Form type
4
Date filed
12/19/2022, 06:00 AM
Previous 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 $4.62K +2K +3.45% $2.31 59.9K Dec 15, 2022 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 Non Qualified Stock Options Options Exercise $0 -2K -100% $0.00* 0 Dec 15, 2022 Common Stock 0 $2.31 Direct F1
holding GTIM Non-Qualified Stock Options 5K Dec 15, 2022 Common Stock 5K $2.44 Direct F2
holding GTIM Non-Qualified Stock Options 3.78K Dec 15, 2022 Common Stock 3.78K $5.29 Direct F3
holding GTIM Non-Qualified Stock Options 2.72K Dec 15, 2022 Common Stock 2.72K $4.25 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the conversion upon exercise of Non Qualified Stock Options. The reporting person was granted 2,000 Non Qualified Stock Options on January 2, 2013 which vested at 1/5 of the total amount granted 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.
F2 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. 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 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. Such Non Qualified 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 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. Such Non Qualified Stock Options were previously reported in Table II on a Form 4 filed with the Securities and Exchange Commission.