HOBACK BOYD E 4

4 · Good Times Restaurants Inc. · Filed Nov 20, 2018

Form 4

Period: 2018-11-16

DirectorPresident and CEO

Transactions

Exercise/Conversion
Restricted Stock Units
2018-11-16−6,517→ 257,910 total
Exercise: $0.00From: 2019-11-16Exp: 2019-11-16→ Common Stock (6,517 underlying)
Award
Incentive Stock Option (Right to Buy)
2018-11-16$4.66/sh+20,601$96,001→ 278,511 total
Exercise: $4.66From: 2019-11-16Exp: 2028-11-16→ Common Stock (20,601 underlying)
Exercise/Conversion
Common Stock
2018-11-16+6,517→ 103,099 total
Award
Restricted Stock Units
2018-11-16+20,834→ 299,345 total
Exercise: $0.00From: 2019-11-16Exp: 2021-11-16→ Common Stock (20,834 underlying)

Footnotes (4)

[F1]Represents the conversion upon vesting of Restricted Stock Units into common stock. The reporting person was granted 19,551 Restricted Stock Units on November 16, 2016 vesting at 1/3 of the total amount granted over three years. Such Restricted Stock Units were previously reported in Table II on a Form 4 filed with the Securities and Exchange Commission.
[F2]The strike price for the Incentive Stock Options granted are priced at the greater of the closing market price on the day of grant or the average closing price of the preceding 90 calendar days.
[F3]The Reporting Person was granted 20,601 Incentive Stock Options (Right to Buy) on November 16, 2018 vesting at 1/5 of the total amount granted over five years.
[F4]The Reporting Person was granted 20,834 Restricted Stock Units on November 16, 2018 vesting at 1/3 of the total amount granted over three years.

Documents

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