David Overton - Feb 16, 2023 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
Stock symbol
CAKE
Transactions as of
Feb 16, 2023
Transactions value $
$0
Form type
4
Date filed
2/21/2023, 01:21 PM
Previous filing
Feb 14, 2023
Next filing
Feb 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CAKE Common Stock Award $0 +69.3K +57.38% $0.00 190K Feb 16, 2023 Direct F1, F2
holding CAKE Common Stock 2.92M Feb 16, 2023 By Trust F3
holding CAKE Common Stock 60.2K Feb 16, 2023 By Trust F4
holding CAKE Common Stock 184K Feb 16, 2023 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 +33.6K $0.00 33.6K Feb 18, 2023 Common Stock 33.6K $0.00 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 2/16/2026 and 20% on each of 2/16/2027 and 2/16/2028.
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 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.
F7 Restricted Stock Award expires upon reporting person's termination of services.