0001580695-15-000063.txt : 20150220 0001580695-15-000063.hdr.sgml : 20150220 20150220171457 ACCESSION NUMBER: 0001580695-15-000063 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20150220 DATE AS OF CHANGE: 20150220 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: GOOD TIMES RESTAURANTS INC CENTRAL INDEX KEY: 0000825324 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] IRS NUMBER: 841133368 STATE OF INCORPORATION: NV FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-42729 FILM NUMBER: 15636684 BUSINESS ADDRESS: STREET 1: 601 CORPORATE CIRCLE CITY: GOLDEN STATE: CO ZIP: 80401 BUSINESS PHONE: 3033841400 MAIL ADDRESS: STREET 1: 601 CORPORATE CIRCLE CITY: GOLDEN STATE: CO ZIP: 80401 FORMER COMPANY: FORMER CONFORMED NAME: PARAMOUNT VENTURES INC DATE OF NAME CHANGE: 19900205 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Hoak Public Equities, LP CENTRAL INDEX KEY: 0001360554 IRS NUMBER: 201356217 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 3963 MAPLE AVENUE STREET 2: SUITE 450 CITY: DALLAS STATE: TX ZIP: 75219 BUSINESS PHONE: 214-855-2284 MAIL ADDRESS: STREET 1: 3963 MAPLE AVENUE STREET 2: SUITE 450 CITY: DALLAS STATE: TX ZIP: 75219 SC 13D/A 1 hoak13da021315.htm hoak13da021315.htm
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
______________

SCHEDULE 13D

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)
 
(Amendment No. 3)

 
Good Times Restaurants, Inc.
(Name of Issuer)
 
Common Stock, par value $.001 per share
(Title of Class of Securities)
 
382140879
(CUSIP Number)

Hoak Public Equities, L.P.
3963 Maple Avenue, Suite 450
Dallas, Texas 75219
(214) 855-2284
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

February 13, 2015
(Date of Event Which Requires Filing of This Statement)
 
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box o.
 
Note.  Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits.  See Rule 13d-7 for other parties to whom copies are to be sent.

The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The  information  required on the remainder of this cover page shall not be deemed to be "filed"  for the  purpose  of  Section 18 of the  Securities Exchange Act of 1934 (“Act”) or otherwise  subject to the liabilities of that section of the Act but shall be subject to all other  provisions of the Act  (however,  see the Notes).

 
1
 
 
1
NAME OF REPORTING PERSONS
 
Hoak Public Equities, L.P.
       (20-1356217)
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 
(a) x
(b) o
3
SEC USE ONLY
 
  
4
SOURCE OF FUNDS
WC
  
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
       o
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Texas
  
NUMBER OF
SHARES
BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
640,100
  
8
SHARED VOTING POWER
 
-0-
  
9
SOLE DISPOSITIVE POWER
 
640,100
  
10
SHARED DISPOSITIVE POWER
 
-0-
  
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
640,100
  
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
       o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
6.8%*
  
14
TYPE OF REPORTING PERSON*
 
  PN
  

* Based on 9,449,072 shares of Common Stock of the Issuer outstanding as of February 13, 2015 as disclosed in the Issuer’s Form 10-Q filed on February 17, 2015.
 
 
2
 

1
NAME OF REPORTING PERSONS
 
Hoak Fund Management, L.P.
       (20-1355992)
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* 
 
(a) x
(b) o
3
SEC USE ONLY
 
  
4
SOURCE OF FUNDS
AF
  
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
      o
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Texas
  
NUMBER OF
SHARES
BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
640,100
  
8
SHARED VOTING POWER
 
-0-
  
9
SOLE DISPOSITIVE POWER
 
640,100
  
10
SHARED DISPOSITIVE POWER
 
-0-
  
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
640,100
  
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
      o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
6.8%*
  
14
TYPE OF REPORTING PERSON*
 
  PN
  
 
* Based on 9,449,072 shares of Common Stock of the Issuer outstanding as of February 13, 2015 as disclosed in the Issuer’s Form 10-Q filed on February 17, 2015.
 
 
3
 

1
NAME OF REPORTING PERSONS
 
Hoak & Co.
       (75-2474026)
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* 
 
(a) x
(b) o
3
SEC USE ONLY
 
  
4
SOURCE OF FUNDS
AF
  
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
      o
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Texas
  
NUMBER OF
SHARES
BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
640,100
  
8
SHARED VOTING POWER
 
-0-
  
9
SOLE DISPOSITIVE POWER
 
640,100
  
10
SHARED DISPOSITIVE POWER
 
-0-
  
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
640,100
  
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
      o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
6.8%*
  
14
TYPE OF REPORTING PERSON*
 
  CO
  

* Based on 9,449,072 shares of Common Stock of the Issuer outstanding as of February 13, 2015 as disclosed in the Issuer’s Form 10-Q filed on February 17, 2015.

 
4
 

1
NAME OF REPORTING PERSONS
 
J. Hale Hoak
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* 
 
(a) x
(b) o
3
SEC USE ONLY
 
  
4
SOURCE OF FUNDS
AF
  
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
      o
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
United States of America
  
NUMBER OF
SHARES
BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
640,100
  
8
SHARED VOTING POWER
 
-0-
  
9
SOLE DISPOSITIVE POWER
 
640,100
  
10
SHARED DISPOSITIVE POWER
 
-0-
  
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
640,100
  
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
      o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
6.8%*
  
14
TYPE OF REPORTING PERSON*
 
   IN
  
 
* Based on 9,449,072 shares of Common Stock of the Issuer outstanding as of February 13, 2015 as disclosed in the Issuer’s Form 10-Q filed on February 17, 2015.
 
 
5
 

1
NAME OF REPORTING PERSONS
 
James M. Hoak
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* 
 
(a) x
(b) o
3
SEC USE ONLY
 
  
4
SOURCE OF FUNDS
AF
  
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
      o
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
          United States of America
  
NUMBER OF
SHARES
BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
640,100
  
8
SHARED VOTING POWER
 
-0-
  
9
SOLE DISPOSITIVE POWER
 
640,100
  
10
SHARED DISPOSITIVE POWER
 
-0-
  
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
640,100
  
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
      o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
6.8%*
  
14
TYPE OF REPORTING PERSON*
 
  IN
  
 
* Based on 9,449,072 shares of Common Stock of the Issuer outstanding as of February 13, 2015 as disclosed in the Issuer’s Form 10-Q filed on February 17, 2015.

 
6
 

The following constitutes Amendment No. 3 (“Amendment No. 3”) to the Schedule 13D as amended (the “Schedule 13D”) filed by the undersigned relating to the shares of common stock, par value $.001 per share (the “Common Stock”), of Good Times Restaurants Inc. (the “Issuer”), a Nevada corporation.  The principal executive office of the Issuer is located at 601 Corporate Circle, Golden, Colorado 80401.  This Amendment No. 3 amends the Schedule 13D as specifically set forth.

Item 3.                      Source and Amount of Funds or Other Consideration.

Section 3 is hereby amended in its entirety as follows:
 
Purchases of shares of Common Stock by Hoak Public Equities, L.P. ("HPE") were made in a privately negotiated transactions. The total amount of funds used for the purchase of Common Stock held by HPE was $1,964,410.  All of the shares of Common Stock beneficially owned by HPE were paid for using working capital of HPE.  The other Reporting Persons do not hold shares of Common Stock directly but may be deemed to beneficially own the shares of Common Stock owned by HPE.

Item 5.                      Interest in Securities of the Issuer.
 
Section 5 is hereby amended in its entirety as follows:

 
(a)
As of the filing date of this Amendment No. 3, based upon 9,449,072 shares of Common Stock outstanding, HPE directly owned an aggregate of 640,100 shares of Common Stock, representing approximately 6.8% of the outstanding Common Shares.  Hoak Fund Management, L.P. (as HPE’s general partner), Hoak & Co. (as Hoak Fund Management, L.P.’s general partner), James M. Hoak (Hoak & Co.’s controlling shareholder), and J. Hale Hoak (Hoak & Co.’s President) may be deemed to beneficially own an aggregate of 640,100 shares of Common Stock, or 6.8% of the outstanding Common Stock in the aggregate.
 
 
(b)
Each Reporting Person may be deemed to have the sole power to vote or direct the vote and dispose of the shares of Common Stock  reported in this Amendment No. 3 owned directly by HPE.
 
 
(c)
Transactions in the Common Stock by HPE during the past 60 days are set forth on Schedule A, all of which were effected in the open market.  Except as set forth on Schedule A, none of the Reporting Persons effected any other transaction in the Common Stock during the past 60 days.
 
 
(d)
No other person is known to the Reporting Persons to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Common Stock covered by this Amendment No. 3.
 
 
(e)
Inapplicable.
 
 
7
 

SIGNATURES
 
After reasonable inquiry and to the best of his knowledge and belief, each of the undersigned certifies that the information set forth in this Statement is true, complete and correct.
 
 
Dated:
February 20, 2014
 
Hoak Public Equities, L.P.
 
By: Hoak Fund Management, L.P., its general partner
 
By: Hoak & Co., its general partner
 
By:   _/s/ J. Hale Hoak_______________
         J. Hale Hoak
         President
 
Hoak Fund Management, L.P.
 
By: Hoak & Co., its general partner
 
By:   _/s/ J. Hale Hoak_______________
         J. Hale Hoak
         President
 
Hoak & Co.
 
By:   _/s/ J. Hale Hoak_______________
         J. Hale Hoak
         President
 
James M. Hoak
 
By:   _/s/ James M. Hoak _________________
         James M. Hoak
 
J. Hale Hoak
 
By:  _/s/ J. Hale Hoak_______________
         J. Hale Hoak
 
  


 
8
 
 
Schedule A
 
Transactions in the Common Stock During the Past 60 Days
 
Transaction Date
Buy/Sell
Quantity (Shares)
Price ($)
12/22/14
Sell
100
6.45
12/31/14
Sell
10,200
6.87
1/2/15
Sell
39,884
7.24
1/7/15
Sell
10,812
7.45
1/8/15
Sell
4,900
7.70
1/12/15
Sell
1,400
7.28
1/13/15
Sell
426
7.38
1/20/15
Sell
4,574
7.14
2/13/15
Sell
10,000
8.15
2/17/15
Sell
3,400
8.37
2/17/15
Sell
150,000
8.31
2/19/15
Sell
2,500
8.31


 
 
 
 
9