Matthew Eliot Clark - 16 Feb 2023 Form 4 Insider Report for CHEESECAKE FACTORY INC (CAKE)

Role
EXEC VP, CFO
Signature
/s/ Matthew Clark by Scarlett May, Attorney-in-Fact
Issuer symbol
CAKE
Transactions as of
16 Feb 2023
Net transactions value
-$34,566
Form type
4
Filing time
21 Feb 2023, 13:19:39 UTC
Previous filing
14 Feb 2023
Next filing
13 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CAKE Common Stock Tax liability $34,566 -862 -3.2% $40.10 25,970 18 Feb 2023 Direct F1
holding CAKE Common Stock 26,500 16 Feb 2023 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 CAKE Common Stock Award $0 +6,876 $0.000000 6,876 18 Feb 2023 Common Stock 6,876 $0.000000 Direct F3, F4
transaction CAKE Employee Stock Option (right to buy) Award $0 +39,720 $0.000000 39,720 16 Feb 2023 Common Stock 39,720 $40.42 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Issuer Common Stock withheld by the Issuer solely to satisfy tax withholding obligations in connection with the net issuance of shares of Issuer Common Stock delivered to the Reporting Person on February 18, 2023, from the vesting of restricted stock.
F2 Shares of restricted stock subject to forfeiture.
F3 . On February 16, 2023, 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.
F4 Restricted Stock Award expires upon reporting person's termination of services.
F5 Vests as to 20% of the options on each of 2/16/2024, 2025, 2026, 2027 and 2028.