Good Times Restaurants Inc. 4
4 · Good Times Restaurants Inc. · Filed May 9, 2017
Insider Transaction Report
Form 4
JAMES K ZIELKE
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2017-05-04+3,544→ 98,346 total - Exercise/Conversion
Restricted Stock Award
2015-05-04−3,544→ 18,180 total→ Common (3,544 underlying)
Footnotes (4)
- [F1]1. Represents the conversion upon vesting of restricted stock awards into common stock (the "Converted Common Stock "). The reporting person was granted 10,632 restricted stock units on May 4, 2015 of which 1/3 of the shares of the grant vested on May 4, 2016 and an additional 1/3 of the shares of the grant vested on May 4, 2017. Such restricted stock units were previously reported in Table II on a Form 4 filed with the Securities and Exchange Commission on May 6, 2015.
- [F2]Each restricted stock unit represents the contingent right to receive one share of common stock upon vesting of the unit.
- [F3]The reporting person was granted 10,632 restricted stock units on May 4, 2015, of which 1/3 of the shares of the grant vested on May 4, 2016 and additional 1/3 shares of the grant vested on May 4, 2017. The common stock into which such vested restricted stock units converted on May 4, 2016 is reported in Table I on this Form 4. The remaining unvested restricted stock units will continue to vest as to 1/3RD of the original number of shares subject to the restricted stock units on May 4 until fully vested
- [F4]Not applicable.