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

Role
Director
Signature
Geoffrey R. Bailey
Issuer symbol
GTIM
Transactions as of
15 Dec 2022
Net transactions value
+$4,620
Form type
4
Filing time
19 Dec 2022, 06:00:17 UTC
Previous filing
03 Dec 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 $4,620 +2,000 +3.5% $2.31 59,942 15 Dec 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 -2,000 -100% $0.000000* 0 15 Dec 2022 Common Stock 0 $2.31 Direct F1
holding GTIM Non-Qualified Stock Options 5,000 15 Dec 2022 Common Stock 5,000 $2.44 Direct F2
holding GTIM Non-Qualified Stock Options 3,781 15 Dec 2022 Common Stock 3,781 $5.29 Direct F3
holding GTIM Non-Qualified Stock Options 2,715 15 Dec 2022 Common Stock 2,715 $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.