Ryan M. Zink - 17 Jun 2024 Form 4 Insider Report for Good Times Restaurants Inc. (GTIM)

Role: CEO, Director
Signature: Ryan M Zink
Issuer symbol: GTIM
Transactions as of: 17 Jun 2024
Net transactions value: +$4,712
Form type: 4
Filing time: 18 Jun 2024, 17:24:57 UTC
Previous filing: 14 Nov 2023
Next filing: 12 Nov 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GTIM	Common Stock	Purchase	$492	+197	+0.17%	$2.50	119,427	17 Jun 2024	Direct
transaction	GTIM	Common Stock	Purchase	$1,624	+632	+0.53%	$2.57	120,059	18 Jun 2024	Direct
transaction	GTIM	Common Stock	Purchase	$1,290	+500	+0.42%	$2.58	120,559	18 Jun 2024	Direct
transaction	GTIM	Common Stock	Purchase	$1,305	+500	+0.41%	$2.61	121,059	18 Jun 2024	Direct
holding	GTIM	Common Stock						6,300	17 Jun 2024	Shares held in spouse's IRA

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
holding	GTIM	Incentive Stock Options						20,000	17 Jun 2024	Common Stock	20,000	$2.51	Direct	F1
holding	GTIM	Restricted Stock Units						1,750	17 Jun 2024	Common Stock	1,750	$0.000000	Direct	F2
holding	GTIM	Incentive Stock Options						20,000	17 Jun 2024	Common Stock	20,000	$3.00	Direct	F3
holding	GTIM	Incentive Stock Options						80,000	17 Jun 2024	Common Stock	80,000	$5.20	Direct	F4
holding	GTIM	Incentive Stock Options						90,000	17 Jun 2024	Common Stock	90,000	$2.33	Direct	F5
holding	GTIM	Incentive Stock Option						15,000	17 Jun 2024	Common Stock	15,000	$5.00	Direct	F6
holding	GTIM	Incentive Stock Options						12,876	17 Jun 2024	Common Stock	12,876	$4.66	Direct	F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Reporting Person was granted 20,000 Incentive Stock Options on November 13, 2023, vesting ratably over five years. Such Incentive 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 1,750 Restricted Stock Units on November 8, 2022 vesting on November 8, 2025. Such Restricted Stock Units were previously reported in Table II on a Form 4 filed with the Securities and Exchange Commission.
F3	The Reporting Person was granted 20,000 Incentive Stock Options on November 8, 2022, vesting ratably 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 80,000 Incentive Stock Options on September 29, 2021. The shares awarded include a vesting condition whereby the vesting shall occur on the date on which the price of the Company's common stock (as traded on the Nasdaq Capital Market) is $6.00, as measured based on the trailing 60 calendar day volume-weighted average price (VWAP). 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 90,000 Incentive Stock Options on December 24, 2020. Such Incentive Stock options were previously reported in Table II on a Form 4 filed with the Securities and Exchange Commission. The vesting conditions were met on April 5, 2021.
F6	The Reporting Person was granted 15,000 Incentive Stock Options on October 12, 2018 vesting ratably over five years. Such Incentive Stock Options were previously reported in Table II on a Form 4 filed with the Securities and Exchange Commission.
F7	The Reporting Person was granted 12,876 Incentive Stock Options on November 16, 2018 vesting ratably over five years. Such Incentive Stock options were previously reported in Table II on a Form 4 filed with the Securities and Exchange Commission.