SEC FORM 4

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^*

FOLEY WILLIAM P II

(Last)

(First)

(Middle)

601 RIVERSIDE AVENUE

(Street)

JACKSONVILLE

32204

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
CKE RESTAURANTS INC [ CKR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/22/2005

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/22/2005		M		25,900	A	$2.625	217,361⁽¹⁾	D
Common Stock	03/22/2005		S		25,900	D	$16.42	191,461⁽¹⁾	D
Common Stock	03/22/2005		M		1,600	A	$2.625	193,061⁽²⁾	D
Common Stock	03/22/2005		S		1,600	D	$16.43	191,461⁽²⁾	D
Common Stock	03/22/2005		M		2,400	A	$2.625	193,861⁽³⁾	D
Common Stock	03/22/2005		S		2,400	D	$16.44	191,461⁽³⁾	D
Common Stock	03/22/2005		M		7,400	A	$2.625	198,861⁽⁴⁾	D
Common Stock	03/22/2005		S		7,400	D	$16.45	191,461⁽⁴⁾	D
Common Stock	03/22/2005		M		2,700	A	$2.625	194,161⁽⁵⁾	D
Common Stock	03/22/2005		S		2,700	D	$16.46	191,461⁽⁵⁾	D
Common Stock	03/22/2005		M		1,500	A	$2.625	192,961⁽⁶⁾	D
Common Stock	03/22/2005		S		1,500	D	$16.47	191,461⁽⁶⁾	D
Common Stock	03/22/2005		M		4,000	A	$2.625	195,461⁽⁷⁾	D
Common Stock	03/22/2005		S		4,000	D	$16.48	191,461⁽⁷⁾	D
Common Stock	03/22/2005		M		15,500	A	$2.625	206,961⁽⁸⁾	D
Common Stock	03/22/2005		S		15,500	D	$16.49	191,461⁽⁸⁾	D
Common Stock	03/22/2005		M		29,100	A	$2.625	220,561⁽⁹⁾	D
Common Stock	03/22/2005		S		29,100	D	$16.5	191,461⁽⁹⁾	D
Common Stock	03/22/2005		M		2,100	A	$2.625	193,561⁽¹⁰⁾	D
Common Stock	03/22/2005		S		2,100	D	$16.51	191,461⁽¹⁰⁾	D
Common Stock	03/22/2005		M		7,400	A	$2.625	198,861⁽¹¹⁾	D
Common Stock	03/22/2005		S		7,400	D	$16.52	191,461⁽¹¹⁾	D
Common Stock	03/22/2005		M		4,400	A	$2.625	195,861⁽¹²⁾	D
Common Stock	03/22/2005		S		4,400	D	$16.53	191,461⁽¹²⁾	D
Common Stock	03/22/2005		M		2,700	A	$2.625	194,161⁽¹³⁾	D
Common Stock	03/22/2005		S		2,700	D	$16.54	191,461⁽¹³⁾	D
Common Stock	03/22/2005		M		4,000	A	$2.625	195,461⁽¹⁴⁾	D
Common Stock	03/22/2005		S		4,000	D	$16.55	191,461⁽¹⁴⁾	D
Common Stock	03/22/2005		M		1,200	A	$2.625	192,661⁽¹⁵⁾	D
Common Stock	03/22/2005		S		1,200	D	$16.56	191,461⁽¹⁵⁾	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 (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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Option	$2.625	03/22/2005		M			111,900	01/31/2002	01/03/2011	Common Stock	375,000	$2.625	46,600⁽¹⁶⁾	D

Explanation of Responses:

1. Reporting Person also beneficially owns non-derivative securities comprised of 507,398 shares indirectly through Folco Development Company, 96,011 shares indirectly through Bognor Regis and 565,804 shares indirectly through the William P. and Carol J. Foley 2003 Trust, Lindsay and Carol Foley Co-Trustees UAD 11/5/03, and derivative securities comprised of 2,048,112 stock options.

2. Reporting Person also beneficially owns non-derivative securities comprised of 507,398 shares indirectly through Folco Development Company, 96,011 shares indirectly through Bognor Regis and 565,804 shares indirectly through the William P. and Carol J. Foley 2003 Trust, Lindsay and Carol Foley Co-Trustees UAD 11/5/03, and derivative securities comprised of 2,046,512 stock options.

3. Reporting Person also beneficially owns non-derivative securities comprised of 507,398 shares indirectly through Folco Development Company, 96,011 shares indirectly through Bognor Regis and 565,804 shares indirectly through the William P. and Carol J. Foley 2003 Trust, Lindsay and Carol Foley Co-Trustees UAD 11/5/03, and derivative securities comprised of 2,044,112 stock options.

4. Reporting Person also beneficially owns non-derivative securities comprised of 507,398 shares indirectly through Folco Development Company, 96,011 shares indirectly through Bognor Regis and 565,804 shares indirectly through the William P. and Carol J. Foley 2003 Trust, Lindsay and Carol Foley Co-Trustees UAD 11/5/03, and derivative securities comprised of 2,036,712 stock options.

5. Reporting Person also beneficially owns non-derivative securities comprised of 507,398 shares indirectly through Folco Development Company, 96,011 shares indirectly through Bognor Regis and 565,804 shares indirectly through the William P. and Carol J. Foley 2003 Trust, Lindsay and Carol Foley Co-Trustees UAD 11/5/03, and derivative securities comprised of 2,034,012 stock options.

6. Reporting Person also beneficially owns non-derivative securities comprised of 507,398 shares indirectly through Folco Development Company, 96,011 shares indirectly through Bognor Regis and 565,804 shares indirectly through the William P. and Carol J. Foley 2003 Trust, Lindsay and Carol Foley Co-Trustees UAD 11/5/03, and derivative securities comprised of 2,032,512 stock options.

7. Reporting Person also beneficially owns non-derivative securities comprised of 507,398 shares indirectly through Folco Development Company, 96,011 shares indirectly through Bognor Regis and 565,804 shares indirectly through the William P. and Carol J. Foley 2003 Trust, Lindsay and Carol Foley Co-Trustees UAD 11/5/03, and derivative securities comprised of 2,028,512 stock options.

8. Reporting Person also beneficially owns non-derivative securities comprised of 507,398 shares indirectly through Folco Development Company, 96,011 shares indirectly through Bognor Regis and 565,804 shares indirectly through the William P. and Carol J. Foley 2003 Trust, Lindsay and Carol Foley Co-Trustees UAD 11/5/03, and derivative securities comprised of 2,013,012 stock options.

9. Reporting Person also beneficially owns non-derivative securities comprised of 507,398 shares indirectly through Folco Development Company, 96,011 shares indirectly through Bognor Regis and 565,804 shares indirectly through the William P. and Carol J. Foley 2003 Trust, Lindsay and Carol Foley Co-Trustees UAD 11/5/03, and derivative securities comprised of 1,983,912 stock options.

10. Reporting Person also beneficially owns non-derivative securities comprised of 507,398 shares indirectly through Folco Development Company, 96,011 shares indirectly through Bognor Regis and 565,804 shares indirectly through the William P. and Carol J. Foley 2003 Trust, Lindsay and Carol Foley Co-Trustees UAD 11/5/03, and derivative securities comprised of 1,981,812 stock options.

11. Reporting Person also beneficially owns non-derivative securities comprised of 507,398 shares indirectly through Folco Development Company, 96,011 shares indirectly through Bognor Regis and 565,804 shares indirectly through the William P. and Carol J. Foley 2003 Trust, Lindsay and Carol Foley Co-Trustees UAD 11/5/03, and derivative securities comprised of 1,974,412 stock options.

12. Reporting Person also beneficially owns non-derivative securities comprised of 507,398 shares indirectly through Folco Development Company, 96,011 shares indirectly through Bognor Regis and 565,804 shares indirectly through the William P. and Carol J. Foley 2003 Trust, Lindsay and Carol Foley Co-Trustees UAD 11/5/03, and derivative securities comprised of 1,970,012 stock options.

13. Reporting Person also beneficially owns non-derivative securities comprised of 507,398 shares indirectly through Folco Development Company, 96,011 shares indirectly through Bognor Regis and 565,804 shares indirectly through the William P. and Carol J. Foley 2003 Trust, Lindsay and Carol Foley Co-Trustees UAD 11/5/03, and derivative securities comprised of 1,967,312 stock options.

14. Reporting Person also beneficially owns non-derivative securities comprised of 507,398 shares indirectly through Folco Development Company, 96,011 shares indirectly through Bognor Regis and 565,804 shares indirectly through the William P. and Carol J. Foley 2003 Trust, Lindsay and Carol Foley Co-Trustees UAD 11/5/03, and derivative securities comprised of 1,963,312 stock options.

15. Reporting Person also beneficially owns non-derivative securities comprised of 507,398 shares indirectly through Folco Development Company, 96,011 shares indirectly through Bognor Regis and 565,804 shares indirectly through the William P. and Carol J. Foley 2003 Trust, Lindsay and Carol Foley Co-Trustees UAD 11/5/03, and derivative securities comprised of 1,962,112 stock options.

16. Reporting Person also beneficially owns non-derivative securities comprised of 191,461 shares directly, 507,398 shares indirectly through Folco Development Company, 96,011 shares indirectly through Bognor Regis and 565,804 shares indirectly through the William P. and Carol J. Foley 2003 Trust, Lindsay and Carol Foley Co-Trustees UAD 11/5/03, and derivative securities comprised of a total of 1,962,112 stock options.

Remarks:

	Hilary Burkemper, as Attorney-In-Fact for William P. Foley, II	03/23/2005
	** 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.
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