SEC Form 4
FORM 4 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
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
STETSON ROBERT J

(Last) (First) (Middle)
6125 LUTHER LANE
#380

(Street)
DALLAS TX 75225

(City) (State) (Zip)
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)
3. Date of Earliest Transaction (Month/Day/Year)
10/08/2014
4. If Amendment, Date of Original Filed (Month/Day/Year)
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. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 Stock 10/08/2014 P 300,000(1) A $4.1 880,000 I(2)(3) See footnotes
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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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 (Month/Day/Year) 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: 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
1. Name and Address of Reporting Person*
STETSON ROBERT J

(Last) (First) (Middle)
6125 LUTHER LANE
#380

(Street)
DALLAS TX 75225

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
REST Redux LLC

(Last) (First) (Middle)
14901 QUORUM DRIVE
SUITE 900

(Street)
DALLAS TX 75254

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
REIT REDUX LP

(Last) (First) (Middle)
1336 OAKRIDGE DRIVE
SUITE 103

(Street)
FORT COLLINS CO 80525

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
REIT Redux GP LLC

(Last) (First) (Middle)
14901 QUORUM DRIVE
SUITE 900

(Street)
DALLAS TX 75254

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. Shares acquired by REST Redux LLC.
2. Reflects (a) 800,000 shares of Common Stock owned directly by Rest Redux LLC (inclusive of 300,000 shares acquired on October 8, 2014) and (b) 48,000 shares of Common Stock and warrants to purchase 32,000 shares of Common Stock owned in each case 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 herein.
3. The Reporting Persons may also be deemed to be members of a "group" for purposes of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended, and accordingly may be deemed to beneficially own the Issuer's securities owned in the aggregate by the other members of the Section 13(d) group. The Group consists of the Reporting Persons, David Martin West Asset Trust, David West, B.T. Interest Ltd., Lonnie B. Whatley III, The Kropp 2010 Family Trust and James Kropp. Each of the reporting persons disclaims beneficial ownership of securities owned by the other members of the Section 13(d) group except to the extent of its pecuniary interest therein.
/s/ Robert Stetson 10/10/2014
/s/ Rest Redux LLC 10/10/2014
/s/ Reit Redux LP 10/10/2014
/s/ Reit Redux GP, LLC 10/10/2014
** 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).
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