4//SEC Filing
Delta Partners GP, LLC 4
Accession 0001145839-19-000001
CIK 0000825324other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 10:59 AM ET
Size
13.5 KB
Accession
0001145839-19-000001
Insider Transaction Report
Form 4
JOBSON CHARLES E
10% Owner
Transactions
- Other
Common Stock
2018-12-31$2.50/sh+5,364$13,410→ 2,019,577 total(indirect: Footnote) - Other
Common Stock
2018-12-31$2.50/sh−6,200$15,500→ 0 total(indirect: Footnote)
Holdings
- 2,740
Restricted Stock Units
→ Common Stock (2,740 underlying)
DELTA PARTNERS LLC
10% Owner
Transactions
- Other
Common Stock
2018-12-31$2.50/sh+5,364$13,410→ 2,019,577 total(indirect: Footnote) - Other
Common Stock
2018-12-31$2.50/sh−6,200$15,500→ 0 total(indirect: Footnote)
Holdings
- 2,740
Restricted Stock Units
→ Common Stock (2,740 underlying)
Delta Partners GP, LLC
10% Owner
Transactions
- Other
Common Stock
2018-12-31$2.50/sh+5,364$13,410→ 2,019,577 total(indirect: Footnote) - Other
Common Stock
2018-12-31$2.50/sh−6,200$15,500→ 0 total(indirect: Footnote)
Holdings
- 2,740
Restricted Stock Units
→ Common Stock (2,740 underlying)
Delta Advisors, LLC
10% Owner
Transactions
- Other
Common Stock
2018-12-31$2.50/sh+5,364$13,410→ 2,019,577 total(indirect: Footnote) - Other
Common Stock
2018-12-31$2.50/sh−6,200$15,500→ 0 total(indirect: Footnote)
Holdings
- 2,740
Restricted Stock Units
→ Common Stock (2,740 underlying)
Footnotes (3)
- [F1]Reporting Person, Delta Partners, LP, is the investment manager for private funds, Delta Growth Master Fund LP and Delta Growth Partners, LP, and is deemed to have beneficial ownership. Delta Growth Partners, LP, through master fund Delta Growth Master Fund, LP, the actual owner of the shares, made a pro rata distribution for no consideration of an aggregate amount of 6,200 shares of Common Stock of the Issuer to its partners as of December 31, 2018. Each of Delta Partners, LP, Delta Advisors, LLC, Delta Partners, GP, LLC and Charles Jobson disclaims Section 16 beneficial ownership except to the extent, if any, of their pecuniary interest.
- [F2]In connection with the distribution described in Footnote (1), Reporting Person Charles Jobson received an aggregate of 2,746 shares of Common Stock of the Issuer making his direct ownership 2,014,109 shares, which includes 208,333 common shares held by the Jobson Family Foundation, an entity controlled by Mr. Jobson. Reporting Person, Delta Advisors, LLC, received an aggregate of 2,618 shares of Common Stock making its direct ownership 5,468 shares. Charles Jobson, a member of the Board of Directors of the Issuer, is the principal of Delta Partners and managing member of Delta Partners GP, and Delta Advisors and can be deemed to have investment discretion.
- [F3]Each restricted stock unit represents a contingent right to receive one share of GTIM common stock. The restricted stock unit will vest 1/3 per year over three years from the grant date.
Documents
Issuer
Good Times Restaurants Inc.
CIK 0000825324
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001687954
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 10:59 AM ET
- Size
- 13.5 KB