David Overton - 10 Feb 2022 Form 4 Insider Report for CHEESECAKE FACTORY INC (CAKE)

Role
CHAIRMAN AND C.E.O., Director
Signature
/s/ David Overton by Scarlett May, Attorney-in-Fact
Issuer symbol
CAKE
Transactions as of
10 Feb 2022
Net transactions value
$0
Form type
4
Filing time
14 Feb 2022, 18:31:54 UTC
Next filing
15 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CAKE Common Stock Award $0 +66,700 +91% $0.000000 139,700 10 Feb 2022 Direct F1, F2
holding CAKE Common Stock 2,866,406 10 Feb 2022 By Trust F3
holding CAKE Common Stock 60,211 10 Feb 2022 By Trust F4
holding CAKE Common Stock 183,950 10 Feb 2022 By Trust F5

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 CAKE Restricted Stock Award $0 +47,400 $0.000000 47,400 10 Feb 2022 Common Stock 47,400 $0.000000 Direct F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock award which vests 60% on 2/10/2025 and 20% on each of 2/10/2026 and 2/10/2027.
F2 Shares of restricted stock subject to forfeiture.
F3 Shares held by the David M. Overton Family Trust of which Mr. Overton is trustee.
F4 Shares held by Mr. Overton's spouse as trustee for the Sheila A. Overton Living Trust. The reporting person disclaims beneficial ownership of these securities.
F5 Shares held by the David M. Overton 2011 Gift Trust UTA dated 11/23/2011 for the benefit of the reporting person's son. The reporting person's spouse is trustee of the trust. The reporting person disclaims beneficial ownership of these securities.
F6 On February 10, 2022, the Compensation Committee certificated to the attainment of the EPS, Sales Per Square Foot, and Controllable Profit goals and determined that 100% of the RSAs were eligible to vest based on continued service-vesting conditions, subject to continued service.
F7 Restricted Stock Award expires upon reporting person's termination of services.