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 *

JOBSON CHARLES 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                      __ X __ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

265 FRANKLIN STREET, SUITE 903
3. Date of Earliest Transaction (MM/DD/YYYY)

12/31/2018
(Street)

BOSTON, MA 02110
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

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

___ Form filed by One Reporting Person
_ X _ 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   12/31/2018     J    6200   D $2.5   0   I   Footnote   (1) (2)
Common Stock   12/31/2018     J    5364   A $2.5   2019577   I   Footnote   (2)

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
Restricted Stock Units     (3)                    (3)   (3) Common Stock   2740     2740   D    

Explanation of Responses:
(1)  Reporting Person, Delta Partners, LP, is the investment manager for private funds, Delta Growth Master Fund LP and Delta Growth Partners, LP, and is deemed to have beneficial ownership. Delta Growth Partners, LP, through master fund Delta Growth Master Fund, LP, the actual owner of the shares, made a pro rata distribution for no consideration of an aggregate amount of 6,200 shares of Common Stock of the Issuer to its partners as of December 31, 2018. Each of Delta Partners, LP, Delta Advisors, LLC, Delta Partners, GP, LLC and Charles Jobson disclaims Section 16 beneficial ownership except to the extent, if any, of their pecuniary interest.
(2)  In connection with the distribution described in Footnote (1), Reporting Person Charles Jobson received an aggregate of 2,746 shares of Common Stock of the Issuer making his direct ownership 2,014,109 shares, which includes 208,333 common shares held by the Jobson Family Foundation, an entity controlled by Mr. Jobson. Reporting Person, Delta Advisors, LLC, received an aggregate of 2,618 shares of Common Stock making its direct ownership 5,468 shares. Charles Jobson, a member of the Board of Directors of the Issuer, is the principal of Delta Partners and managing member of Delta Partners GP, and Delta Advisors and can be deemed to have investment discretion.
(3)  Each restricted stock unit represents a contingent right to receive one share of GTIM common stock. The restricted stock unit will vest 1/3 per year over three years from the grant date.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
JOBSON CHARLES E
265 FRANKLIN STREET
SUITE 903
BOSTON, MA 02110
X X

DELTA PARTNERS LP
265 FRANKLIN STREET
SUITE 903
BOSTON, MA 02110



Affiliate
Delta Advisors, LLC
265 FRANKLIN STREET
SUITE 903
BOSTON, MA 02110



Affiliate
Delta Partners GP, LLC
265 FRANKLIN STREET
SUITE 903
BOSTON, MA 02110



Affiliate

Signatures
Charles Jobson1 1/3/2019
** 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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