Scarlett May - 16 Feb 2023 Form 4 Insider Report for CHEESECAKE FACTORY INC (CAKE)

Role
EVP, GENERAL COUNSEL
Signature
/s/ Scarlett May
Issuer symbol
CAKE
Transactions as of
16 Feb 2023
Net transactions value
-$25,824
Form type
4
Filing time
21 Feb 2023, 13:22:32 UTC
Previous filing
14 Feb 2023
Next filing
15 May 2023
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 +7,740 +44% $0.000000 25,170 16 Feb 2023 Direct F1, F2
transaction CAKE Common Stock Tax liability $25,824 -644 -6.8% $40.10 8,760 18 Feb 2023 Direct F3

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 +3,738 $0.000000 3,738 18 Feb 2023 Common Stock 3,738 $0.000000 Direct F4, F5
* 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 2/162028
F2 Shares of restricted stock subject to forfeiture.
F3 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.
F4 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
F5 Restricted Stock Award expires upon reporting person's termination of services.