David Overton - Nov 8, 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
Nov 8, 2024
Transactions value $
-$1,749,966
Form type
4
Date filed
11/12/2024, 05:45 PM
Previous filing
Apr 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CAKE Common Stock Options Exercise $10.8M +270K +9.09% $40.16 3.23M Nov 8, 2024 By Trust F1
transaction CAKE Common Stock Sale -$12.6M -270K -8.33% $46.65 2.96M Nov 8, 2024 By Trust F1, F2
holding CAKE Common Stock 60.2K Nov 8, 2024 By Trust F3
holding CAKE Common Stock 184K Nov 8, 2024 By Trust F4
holding CAKE Common Stock 238K Nov 8, 2024 Direct 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 Employee Stock Option (right to buy) Options Exercise $0 -270K -80% $0.00 67.4K Nov 8, 2024 Common Stock 270K $40.16 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held by the David M. Overton Family Trust of which Mr. Overton is trustee.
F2 The price reported within column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $46.27 to $47.19, inclusive. The reporting person undertakes to provide to CAKE Corporation, any security holder of CAKE Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.
F3 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.
F4 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.
F5 Shares of restricted stock subject to forfeiture.