Sec Form 4 Filing - STETSON ROBERT J @ GOOD TIMES RESTAURANTS INC - 2015-09-10

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
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
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
STETSON ROBERT J
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
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
6125 LUTHER LANE, #380
3. Date of Earliest Transaction (MM/DD/YY)
09/10/2015
(Street)
DALLAS, TX75225
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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)
Code V Amount (A) or (D) Price
Common 09/08/2015 S 1,800 D $ 7.12 874,892 D
Common 09/08/2015 S 1,900 D $ 7.17 872,992 D
Common 09/08/2015 S 1,400 D $ 7.06 871,592 D
Common 09/08/2015 S 1,000 D $ 7.05 870,592 D
Common 09/08/2015 S 2,500 D $ 6.9 868,092 D
Common 09/09/2015 S 5,800 D $ 6.88 862,292 D
Common 09/09/2015 S 334 D $ 6.85 861,958 D
Common 09/09/2015 S 1,223 D $ 6.85 860,735 ( 1 ) 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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
STETSON ROBERT J
6125 LUTHER LANE
#380
DALLAS, TX75225
X
Signatures
Robert J. Stetson 09/10/2015
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Reflects (a) 800,000 shares of Common Stock owned directly by Rest Redux LLC and (b) 53,675 shares of Common Stock owned directly by Robert Stetson. Securities owned directly by Rest Redux LLC, REIT Redux, LP (controlling member of Rest Redux LLC), REIT Redux GP, LLC (general partner of REIT Redux, LP), and Robert Stetson (President of REIT Redux GP, LLC) may be deemed to be the beneficial owners of all shares of Common Stock held by Rest Redux LLC. Each of the reporting persons disclaims beneficial ownership of any securities reported herein except to the extent of such reporting person's pecuniary interest therein

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 Number.