FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

LEFEVER SCOTT
2. Issuer Name and Ticker or Trading Symbol

Good Times Restaurants Inc. [ GTIM ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Vice President of Operations
(Last)          (First)          (Middle)

651 CORPORATE CIRCLE, SUITE 200
3. Date of Earliest Transaction (MM/DD/YYYY)

6/2/2021
(Street)

GOLDEN, CO 80401
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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)
Code V Amount (A) or (D) Price
Common Stock 6/2/2021  S  300 D$4.16 27099 D  
Common Stock 6/2/2021  S  7483 D$4.16 19616 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. 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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units $0.00           11/16/2020 (1)11/16/2021 Common Stock 3186  3186 D  
Restricted Stock Units $0.00           6/27/2018 (2)6/27/2021 Common Stock 3138  6324 D  
Incentive Stock Options $5.29           11/23/2015 (3)11/23/2025 Common Stock 7089  13413 D  
Incentive Stock Options (Right to Buy) $3.15           11/16/2016 (4)11/16/2026 Common Stock 12500  25913 D  
Incentive Stock Options (Right to buy) $3.55           6/27/2018 (5)6/27/2028 Common Stock 11424  37337 D  
Incentive Stock Options (Right to buy) $4.25           7/23/2018 (6)7/23/2028 Common Stock 4443  41780 D  
Incentive Stock Options (Right to buy) $4.66           11/16/2018 (7)11/16/2028 Common Stock 8703  50483 D  

Explanation of Responses:
(1) The Reporting Person was granted 9,556 Restricted Stock Units on November 16, 2018 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.
(2) The Reporting Person was granted 9,412 Restricted Stock Units on June 27, 2018 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.
(3) The Reporting Person was granted 7,089 Incentive Stock Options (Right to Buy) on November 23, 2015 vesting at 1/5 of the total amount granted over five years. Such Incentive Stock Options were previously reported in Table II on a Form 4 filed with the Securities and Exchange Commission.
(4) The Reporting Person was granted 12,500 Incentive Stock Options (Right to Buy) on November 16, 2016 vesting at 1/5 of the total amount granted over five years. Such Incentive Stock Options were previously reported in Table II on a Form 4 filed with the Securities and Exchange Commission.
(5) The Reporting Person was granted 11,424 Incentive Stock Options (Right to Buy) on June 27, 2018 vesting at 1/5 of the total amount granted over five years. Such Incentive Stock Options were previously reported in Table II on a Form 4 filed with the Securities and Exchange Commission.
(6) The Reporting Person was granted 4,443 Incentive Stock Options (Right to Buy) on July 23, 2018 vesting at 1/5 of the total amount granted over five years. Such Incentive Stock Options were previously reported in Table II on a Form 4 filed with the Securities and Exchange Commission.
(7) The Reporting Person was granted 8,703 Incentive Stock Options (Right to Buy) on November 16, 2018 vesting at 1/5 of the total amount granted over five years. Such Incentive Stock Options were previously reported in Table II on a Form 4 filed with the Securities and Exchange Commission.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
LEFEVER SCOTT
651 CORPORATE CIRCLE, SUITE 200
GOLDEN, CO 80401


Vice President of Operations

Signatures
Scott G. LeFever6/3/2021
**Signature of Reporting PersonDate

Good Times Restaurants (NASDAQ:GTIM)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Good Times Restaurants Charts.
Good Times Restaurants (NASDAQ:GTIM)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Good Times Restaurants Charts.