HOBACK BOYD E 4

4 · Good Times Restaurants Inc. · Filed Jul 25, 2018

Form 4

Period: 2018-07-23

DirectorPresident and CEO

Transactions

Disposition to Issuer
Non Qualified Stock Option
2018-07-23$7.79/sh−38,511$300,001→ 244,117 total
Exercise: $7.79From: 2016-03-13Exp: 2025-03-13→ Common Stock (38,511 underlying)
Award
Non Qualified Stock Option
2018-07-23$4.25/sh+14,811$62,947→ 258,928 total
Exercise: $4.25From: 2018-07-23Exp: 2028-07-23→ Common Stock (14,811 underlying)
Disposition to Issuer
Incentive Stock Option
2018-07-23$7.79/sh−38,511$300,001→ 267,817 total
Exercise: $7.79From: 2016-03-13Exp: 2025-03-13→ Common Stock (38,511 underlying)
Award
Incentive Stock Option
2018-07-23$4.25/sh+14,811$62,947→ 282,628 total
Exercise: $4.25From: 2018-07-23Exp: 2028-07-23→ Common Stock (14,811 underlying)

Footnotes (3)

[F1]On July 23, 2018, the issuer canceled options of the issuer's common stock granted to the reporting person on March 13, 2015 pursuant to the issuer's option exchange program. In exchange, the reporting person received a replacement option, having an exercise price of $4.25 per share. The replacement options are fully vested upon issue.
[F2]The Incentive Stock Options vested in three equal annual installments with the first installment vesting March 13, 2016.
[F3]The Non-Qualified Stock Options vested in three equal annual installments with the first installment vesting March 13, 2016.

Documents

1 file