SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

HOBACK BOYD E

(Last)

(First)

(Middle)

141 UNION BOULEVARD, #400

(Street)

LAKEWOOD

80228

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Good Times Restaurants Inc. [ GTIM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	President, CEO

3. Date of Earliest Transaction (Month/Day/Year)
08/15/2017

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common	08/15/2017		A		4,500	A	$2.85	75,879	D
Common	08/15/2017		A		800	A	$2.8464	76,679	D
Common	08/15/2017		A		700	A	$2.8	77,379	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Incentive Stock Option	$4.41							11/14/2011	11/14/2018	Common	9,501		9,501	D
Incentive Stock Option	$3.45							11/06/2012	11/06/2019	Common	4,551		14,052	D
Incentive Stock Option	$1.56							12/13/2013	12/13/2020	Common	10,647		24,699	D
Non Qualified Stock Option	$1.31							12/14/2014	12/14/2021	Common	5,000		29,699	D
Incentive Stock Option	$2.31							01/02/2016	01/02/2023	Common	45,696		75,395	D
Incentive Stock Option	$2.48							11/21/2016	11/21/2023	Common	44,000		119,395	D
Incentive Stock Option	$7.79							⁽¹⁾	03/13/2025	Common	38,511		157,906	D
Non Qualified Stock Option	$7.79							⁽²⁾	03/13/2025	Common	38,511		196,714	D
Incentive Stock Option	$5.29							⁽³⁾	11/23/2025	Common	16,635		213,052	D
Restricted Stock Unit	$0.00							⁽⁴⁾	11/23/2018	Common	8,151		221,203	D
Incentive Stock Option	$3.15							⁽⁵⁾	11/16/2026	Common	29,333		250,536	D
Restricted Stock Unit	$0.00							⁽⁶⁾	11/16/2019	Common	19,551		270,087	D

Explanation of Responses:

1. The Incentive Stock Options vest in three equal annual installments with the first installment vesting March 13, 2016.

2. These Non-Qualified Stock Options vest in three equal annual installments with the first installment vesting March 13, 2016.

3. The Incentive Stock Options vest in three equal annual installments with the first installment vesting November 23, 2016.

4. The reporting person was granted 12,227 restricted stock units of which 1/3 of the shares of the grant vested on November 23, 2016. Such restricted stock units were previously reported in Table II on a Form 4 filed with the Securities and Exchange Commission.

5. The Incentive Stock Options vest in three equal annual installments with the first installment vesting November 16, 2017.

6. The reporting person was granted 19,551 restricted stock units on November 16, 2016 vesting at 1/3 of the total granted amount over three years. Such restricted stock units were previously reported in Table II on a Form 4 filed with the Securities and Exchange Commission.

Remarks:

	Boyd E. Hoback	08/17/2017
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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