Dobbin David 4
4 · GOOD TIMES RESTAURANTS INC · Filed Dec 16, 2011
Insider Transaction Report
Form 4
Dobbin David
Director10% Owner
Transactions
- Award
Non Qualified Stock Option
2011-12-14$1.31/sh+5,000$6,550→ 5,000 totalExercise: $1.31From: 2011-12-14Exp: 2021-12-14→ Common (5,000 underlying)
Holdings
- 1,383,334(indirect: By Small Island Investments Ltd.)
Common Stock
- 667
Non Qualified Stock Option
Exercise: $1.56From: 2010-12-13Exp: 2020-12-13→ Common (667 underlying)
Footnotes (3)
- [F1]Mr. Dobbin indirectly beneficially owns 1,383,334 shares of common stock of Good Times Restaurants Inc. through his 50% ownership interest in Small Island Investments Ltd. ("SII"). Mr. Dobbin is the Chairman of the Board of SII. As of December 16, 2011, SII owns over 50% of the outstanding common stock of Good Times Restaurants Inc. Mr. Dobbin disclaims beneficial ownership of the reported securities, except as to the extent of his pecuniary interest therein.
- [F2]The number of shares has been adjusted to reflect the one for three reverse stock split that occurred on December 31, 2010.
- [F3]The number of options and exercise price have been adjusted to reflect the one for three reverse stock split that occurred on December 31, 2010.