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
                                                                                  
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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 *

HOBACK BOYD E
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
(Last)          (First)          (Middle)

141 UNION BOULEVARD, #400
3. Date of Earliest Transaction (MM/DD/YYYY)

9/19/2017
(Street)

LAKEWOOD, CO 80228
(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   9/19/2017     P   V 5000   A $2.60   82379   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 Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. 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 Date 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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Incentive Stock Option   $4.41                    11/14/2011   11/14/2018   Common   9501     9501   D    
Incentive Stock Option   $3.45                    11/6/2012   11/6/2019   Common   4551     14052   D    
Incentive Stock Option   $1.56                    12/13/2013   12/13/2020   Common   10647     24699   D    
Non Qualified Stock Option   $1.31                    12/14/2014   12/14/2021   Common   5000     29699   D    
Incentive Stock Option   $2.31                    1/2/2016   1/2/2023   Common   45696     75395   D    
Incentive Stock Option   $2.48                    11/21/2016   11/21/2023   Common   44000     119395   D    
Incentive Stock Option   $7.79                      (1) 3/13/2025   Common   38511     157906   D    
Non Qualified Stock Option   $7.79                      (2) 3/13/2025   Common   38511     196714   D    
Incentive Stock Option   $5.29                      (3) 11/23/2025   Common   16635     213052   D    
Restricted Stock Unit   $0.00                      (4) 11/23/2018   Common   8151     221203   D    
Incentive Stock Option   $3.15                      (5) 11/16/2026   Common   29333     250536   D    
Restricted Stock Unit   $0.00                      (6) 11/16/2019   Common   19551     270087   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.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
HOBACK BOYD E
141 UNION BOULEVARD, #400
LAKEWOOD, CO 80228
X
President, CEO

Signatures
Boyd E. Hoback 9/20/2017
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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