David Overton - Feb 15, 2024 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 15, 2024
Transactions value $
-$198,472
Form type
4
Date filed
2/20/2024, 06:22 PM
Previous filing
Feb 15, 2024
Next filing
Apr 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CAKE Common Stock Award $0 +81.6K +56.03% $0.00 227K Feb 15, 2024 Direct F1, F2
transaction CAKE Common Stock Tax liability -$198K -5.68K -0.19% $34.93 2.95M Feb 20, 2024 By Trust F3, F4
holding CAKE Common Stock 60.2K Feb 15, 2024 By Trust F5
holding CAKE Common Stock 184K Feb 15, 2024 By Trust F6
holding CAKE Common Stock 216K Feb 15, 2024 Direct F2
* 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 2/15/2027 and 20% on each of 2/15/2028 and 2/15/2029.
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 20, 2024, from the vesting of restricted stock
F4 Shares held by the David M. Overton Family Trust of which Mr. Overton is trustee.
F5 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.
F6 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.