Scarlett May - Feb 13, 2024 Form 4 Insider Report for CHEESECAKE FACTORY INC (CAKE)

Role
EVP, GENERAL COUNSEL
Signature
/s/ Scarlett May
Stock symbol
CAKE
Transactions as of
Feb 13, 2024
Transactions value $
-$19,175
Form type
4
Date filed
2/15/2024, 06:52 PM
Previous filing
Feb 13, 2024
Next filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CAKE Common Stock Tax liability -$19.2K -561 -4.43% $34.18 12.1K Feb 13, 2024 Direct F1
holding CAKE Common Stock 19.7K Feb 13, 2024 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 Restricted Stock Award $0 +5.14K $0.00 5.14K Feb 15, 2024 Common Stock 5.14K $0.00 Direct F3, F4
* 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 13, 2024, from the vesting of restricted stock
F2 Shares of restricted stock subject to forfeiture.
F3 On February 15, 2024, the Compensation Committee certificated to the attainment of the Total Revenue Growth, Sales Per Square Foot, and Controllable Profit goals and determined that 106% 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.