false 0000825324 0000825324 2024-03-04 2024-03-04
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K
 
CURRENT REPORT
 
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported)
March 4, 2024
 
gtim.jpg
Good Times Restaurants Inc.
(Exact name of registrant as specified in its charter)
 
Nevada
  
000-18590
  
84-1133368
(State or other jurisdiction
of incorporation)
  
(Commission
File Number)
  
(IRS Employer
Identification No.)
 
651 Corporate Circle, Suite 200, Golden, CO 80401
(Address of principal executive offices including zip code)
 
Registrant’s telephone number, including area code: (303) 384-1400
 
Not applicable
(Former name or former address, if changed since last report.)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.):
 
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
  
Trading Symbol(s)
  
Name of each exchange
on which registered
Common Stock, $0.001 par value
  
GTIM
  
Nasdaq Stock Exchange
 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
 
Emerging growth company ☐
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
 
 
 
 
Item 5.07
Submission of Matters to a Vote of Security Holders
 
On February 27, 2024, Good Times Restaurants Inc. (the “Company”) held its 2024 Annual Meeting of Shareholders (the “2024 Annual Meeting”). The Company’s shareholders voted on three proposals: (1) to elect four directors of the Company to serve for the next year; (2) to submit an advisory vote on the compensation of the Company’s named executive officers; and (3) to ratify the appointment of Moss Adams LLP as the Company’s independent registered public accounting firm for the fiscal year ending September 25, 2024. These matters are more fully described in the Company’s Proxy Statement for the 2024 Annual Meeting which was filed with the Securities and Exchange Commission on January 12, 2024.
 
The shareholders elected all four director nominees and approved the advisory vote on the compensation of the Company’s named executive officers and the ratification of Moss Adams LLP as the Company’s independent registered public accounting firm for the fiscal year ending September 25, 2024.
 
Proposal 1:
Election of Directors
 
The Company’s shareholders elected the following four nominees to the Board. Each of the nominees will serve for a one-year term and hold office until the next annual meeting of shareholders unless he or she sooner ceases to hold office. The following table sets forth the vote of the shareholders at the Annual Meeting with respect to the election of directors:
 
   
For
    
Withheld
    
Broker Non-Votes
  
Charles E. Jobson
     4,727,795       288,195       3,911,110  
Jason S. Maceda
     4,516,923       499,067       3,911,110  
Jennifer C. Stetson
     4,741,012       274,978       3,911,110  
Ryan M. Zink
     4,473,773       542,217       3,911,110  
 
Proposal 2:
To submit an advisory vote on the compensation of the Company’s named executive officers
 
   
For
    
Against
    
Abstain
    
Broker Non-Votes
  
      4,834,146       160,257       21,587       3,911,110  
 
Proposal 3:
To ratify the appointment of Moss Adams, LLP as the Company’s independent registered public accounting firm for the fiscal year ending September 25, 2024
 
   
For
    
Against
    
Abstain
  
      8,833,673       10,561       82,866  
 
Item 8.01
Other Events
 
The Company’s Board of Directors elected the Chairman of the Board and Board of Director Committee Members set forth below. Biography information is more fully described the Company’s Proxy Statement for the 2024 Annual Meeting.
 
Charles E. Jobson will serve as Chairman of the Board.
 
Audit Committee
  
Compensation Committee
Jason S. Maceda, Committee Chairman
  
Jennifer C. Stetson, Committee Chairman
Charles E. Jobson
  
Charles E. Jobson
Jennifer C. Stetson
    
 
2
 
 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
 
GOOD TIMES RESTAURANTS INC.
   
Date: March 4, 2024
gtim20240228_8kimg002.jpg
 
Ryan M. Zink
 
President and Chief Executive Officer
 
3
v3.24.0.1
Document And Entity Information
Mar. 04, 2024
Document Information [Line Items]  
Entity, Registrant Name Good Times Restaurants Inc.
Document, Type 8-K
Document, Period End Date Mar. 04, 2024
Entity, Incorporation, State or Country Code NV
Entity, File Number 000-18590
Entity, Tax Identification Number 84-1133368
Entity, Address, Address Line One 651 Corporate Circle, Suite 200
Entity, Address, City or Town Golden
Entity, Address, State or Province CO
Entity, Address, Postal Zip Code 80401
City Area Code 303
Local Phone Number 384-1400
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Stock
Trading Symbol GTIM
Security Exchange Name NASDAQ
Entity, Emerging Growth Company false
Amendment Flag false
Entity, Central Index Key 0000825324
Good Times Restaurants (NASDAQ:GTIM)
Historical Stock Chart
From Oct 2024 to Nov 2024 Click Here for more Good Times Restaurants Charts.
Good Times Restaurants (NASDAQ:GTIM)
Historical Stock Chart
From Nov 2023 to Nov 2024 Click Here for more Good Times Restaurants Charts.