Sec Form 4 Filing - STETSON ROBERT J @ Good Times Restaurants Inc. - 2018-02-05

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

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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) _____ Director _____ 10% Owner _____ Officer (give title below) X __ Other (specify below) See Remarks (Last) (First) (Middle) 6125 LUTHER LANE, #380 3. Date of Earliest Transaction (MM/DD/YY) 02/05/2018 (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 02/05/2018 P 4,000 A $ 2.35 15,500 I By SLKW Investments LLC ( 1 ) Common 02/06/2018 P 3,000 A $ 2.3417 18,500 I By SLKW Investments LLC ( 1 ) Common 02/07/2018 P 1,600 A $ 2.45 20,100 I By SLKW Investments LLC ( 1 ) Common 103,894 D Common 440,000 I By REIT Redux, LLC ( 2 ) Common 24,000 I By Leanlien, LLC ( 3 )

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 Non Qualified Stock Option $ 7.79 ( 4 ) 03/13/2025 Common 7,060 7,060 D Non Qualified Stock Option $ 5.29 ( 5 ) 11/23/2025 Common 3,781 10,841 D Restricted Stock Unit $ 0 ( 6 ) 11/23/2018 Common 441 11,282 D Restricted Stock Unit $ 0 ( 7 ) 11/16/2019 Common 3,733 15,015 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other STETSON ROBERT J 6125 LUTHER LANE, #380 DALLAS, TX75225 See Remarks Signatures /s/ Robert J. Stetson 02/08/2018 Signature of Reporting Person Date

Explanation of Responses:

( 1 )The reporting person is the managing member and is a beneficial owner of SLKW Investments LLC. ( 2 )The reporting person is the president of REIT Redux GP, the general partner of REIT Redux LP. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, of the shares held by REIT Redux LP, except to the extent of his pecuniary interest therein. ( 3 )Leanlien, LLC, a trust in which the reporting person beneficially owns 61% and his children beneficially own 39%. ( 4 )These Non-Qualified Stock Options vest in three equal annual installments with the first installment vesting March 13, 2016. ( 5 )These Non-Qualified Stock Options vest in three equal annual installments with the first installment vesting November 23, 2016. ( 6 )The reporting person was granted 1,324 restricted stock units on November 23, 2015 of which 1/3 of the shares of the grant vested on November 23, 2016 and an additional 1/3 of the shares of the grant vested on November 23, 2017. Such restricted stock units were previously reported in Table II on a Form 4 filed with the Securities and Exchange Commission. ( 7 )The reporting person was granted 5,600 restricted stock units on November 16, 2016 of which 1/3 of the total granted amount vested on November 16, 2017. Such restricted stock units were previously reported in Table II on a Form 4 filed with the Securities and Exchange Commission.

Remarks: Reporting Person has filed as a member of a Section 13(d)(3) "group" with Delta Partners, LP, Delta Partners GP, LLC, Prism Partners, L.P., Delta Growth Master Fund L.P., Delta Advisors, LLC, the Jobson Family Foundation, Charles Jobson, REIT Redux LP, REIT Redux GP, LLC, Leanlien, L.L.C., David Martin West Asset Trust, David West, The Kropp 2010 Family Trust; and James H. Kropp. Members of the Section 13(d) filing group in aggregate beneficially own in excess of ten percent of the common stock of the Issuer. Neither the fact of this Section 16 filing nor anything contained herein shall be deemed to be an admission by the Reporting Person that such a group exists. The Reporting Person disclaims beneficial ownership of the shares held by the other members of such Section 13(d) filing group, except to the extent of his 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).

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