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<head><title>Converted by EDGARwiz</title> </head> <body style="MARGIN-TOP:0px; FONT-FAMILY:Times New Roman; COLOR:#000000; FONT-SIZE:10pt"> <div style=WIDTH:624px> <p style=MARGIN:0px align=center><br></p></div> <table bordercolor=transparent style="MARGIN-TOP:0px; FONT-SIZE:10pt" cellpadding=0 cellspacing=0> <tr style=FONT-SIZE:0px> <td width=212> <td width=212> <td width=212 /> </tr><tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=center><br></p> <p style="MARGIN:0px; FONT-SIZE:11pt" align=center><b>UNITED STATES</b></p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:11pt" align=center><b>SECURITIES AND EXCHANGE COMMISSION</b></p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:11pt" align=center>Washington, D.C. 20549</p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px><br></p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:11pt" align=center><b>FORM 8-K</b></p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=center><br></p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:11pt" align=center><b>CURRENT REPORT</b></p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px><br></p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:11pt" align=center><b>Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</b></p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px><br></p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:11pt" align=center>Date of Report (Date of earliest event reported)</p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:11pt" align=center>October 7, 2014 (October 1, 2014)</p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px><br></p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:11pt" align=center><b>Good Times Restaurants Inc.</b></p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:11pt" align=center>(Exact name of registrant as specified in its charter)</p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px><br></p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px><br></p></td></tr> <tr> <td width=212 style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:11pt" align=center>Nevada</p></td> <td width=212 style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:11pt" align=center>000-18590</p></td> <td width=212 style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:11pt" align=center>84-1133368</p></td></tr> <tr> <td width=212 style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:11pt" align=center>(State or other jurisdiction</p> <p style="MARGIN:0px; FONT-SIZE:11pt" align=center>of incorporation)</p></td> <td width=212 style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:11pt" align=center>(Commission</p> <p style="MARGIN:0px; FONT-SIZE:11pt" align=center>File Number)</p></td> <td width=212 style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:11pt" align=center>(IRS Employer</p> <p style="MARGIN:0px; FONT-SIZE:11pt" align=center>Identification No.)</p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px><br></p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:11pt" align=center>601 Corporate Circle, Golden, Colorado 80401</p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:11pt" align=center>(Address of principal executive offices) &nbsp;&nbsp;(Zip Code)</p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px><br></p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:11pt" align=center>Registrant<font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#146;</font>s telephone number, including area code: (303) 384-1400</p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px><br></p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:11pt" align=center>Not applicable</p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:11pt" align=center>(Former name or former address, if changed since last report.)</p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px><br></p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px><br></p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:11pt">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.):</p> <p style="MARGIN:0px; FONT-SIZE:11pt">[_] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</p> <p style="MARGIN:0px; FONT-SIZE:11pt">[_] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</p> <p style="MARGIN:0px; FONT-SIZE:11pt">[_] 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))</p></td></tr></table> <div style=WIDTH:624px> <p style=MARGIN:0px><br></p> <p style=MARGIN:7px align=justify><br><br></p> <p style="MARGIN:0px; FONT-SIZE:12pt" align=center>1</p> <p style=MARGIN:0px><br></p> <p style="PAGE-BREAK-BEFORE:always; MARGIN-TOP:0px; MARGIN-BOTTOM:-4pt; FONT-SIZE:4pt"> <p style="MARGIN-TOP:7px; MARGIN-BOTTOM:-1pt; FONT-SIZE:1pt" /> <p style="MARGIN-TOP:0px; WIDTH:96px; MARGIN-BOTTOM:-2px; FLOAT:left; FONT-SIZE:11pt"><b>Item 5.02</b></p> <p style="MARGIN-TOP:0px; TEXT-INDENT:-2px; MARGIN-BOTTOM:7px; FONT-SIZE:11pt" align=justify><b>Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.</b></p> <p style="MARGIN-TOP:7px; MARGIN-BOTTOM:7px; CLEAR:left; FONT-SIZE:11pt" align=justify>On October 1, 2014, the Board of Directors (the <font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#147;</font>Board<font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#148;</font>) of Good Times Restaurants Inc. (the <font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#147;</font>Company<font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#148;</font>) approved an Executive Management Compensation Plan (the <font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#147;</font>Plan<font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#148;</font>) for fiscal year 2015 as recommended by the Company<font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#146;</font>s Compensation Committee.</p> <p style="MARGIN-TOP:7px; MARGIN-BOTTOM:7px; FONT-SIZE:11pt" align=justify>In connection with the Plan, the Board authorized the payout of $100,000 in cash and $400,000 worth of restricted stock awards in the Company to the Company<font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#146;</font>s named executive officers as compensation for their recent contributions to the Company. &nbsp;The amount of such awards to each officer is based on the 2015 fiscal salaries for each officer. &nbsp;The restricted stock awards will be subject to three-year cliff vesting and forfeiture provisions in case of the termination of the employment of any officer.</p> <p style="MARGIN-TOP:7px; MARGIN-BOTTOM:7px; FONT-SIZE:11pt" align=justify>The Plan also sets forth a bonus program for the Officers. &nbsp;Pursuant to this bonus program, the Company<font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#146;</font>s named executive officers are eligible to receive performance cash awards if the Company achieves certain performance metrics, which have been selected by the Company<font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#146;</font>s Compensation Committee. &nbsp;Based on these performance metrics for each fiscal year, an <font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#147;</font>overall performance<font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#148;</font> rating will be identified for each officer, and the amount of the bonus for that year for each officer will be based on such rating and such Officer<font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#146;</font>s current annual salary. &nbsp;The Compensation Committee and the Chief Executive Officer will have the right to adjust the final rating based on other performance considerations. &nbsp;The target bonuses set by the Compensation Committee for each officer range between 15% and 40% of the 2015 fiscal year salary for such officer.</p> <p style="MARGIN-TOP:7px; MARGIN-BOTTOM:7px; FONT-SIZE:11pt" align=justify>Finally, the Plan authorizes the issuance of restricted stock awards as additional compensation for certain named executive officers, which will be issued subject to the discretion of the Compensation Committee.</p> <p style=MARGIN:7px align=justify><br></p> <p style=MARGIN:0px align=center><br><br></p> <p style=MARGIN:0px align=center>2</p> <p style="MARGIN:0px; FONT-FAMILY:Arial; FONT-SIZE:8pt">&nbsp;</p> <p style="PAGE-BREAK-BEFORE:always; MARGIN:0px" align=center><b>SIGNATURES</b></p> <p style=MARGIN:0px><br></p> <p style="TEXT-INDENT:38px; MARGIN:0px; FONT-SIZE:11pt">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.</p> <p style=MARGIN:0px><br></p> <p style=MARGIN:0px><br></p> <p style="TEXT-INDENT:288px; MARGIN:0px; FONT-SIZE:11pt">GOOD TIMES RESTAURANTS INC.</p> <p style=MARGIN:0px><br></p> <p style=MARGIN:0px><br></p> <p style="MARGIN-TOP:0px; WIDTH:288px; MARGIN-BOTTOM:-2px; FLOAT:left; FONT-SIZE:11pt">Date: &nbsp;October 7, 2014</p> <p style="TEXT-INDENT:-2px; MARGIN:0px; FONT-SIZE:11pt">By: &nbsp;<u>/s/ Boyd E. Hoback</u></p> <p style="TEXT-INDENT:324px; MARGIN:0px; CLEAR:left; FONT-SIZE:11pt">Boyd E. Hoback</p> <p style="TEXT-INDENT:324px; MARGIN:0px; FONT-SIZE:11pt">President and Chief Executive Officer</p> <p style=MARGIN:0px><br><br></p> <p style="MARGIN:0px; FONT-SIZE:12pt" align=center>3</p> <p style=MARGIN:0px><br></p></div></body>
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Converted by EDGARwiz
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)
October 7, 2014 (October 1, 2014)
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.)
601 Corporate Circle, Golden, Colorado 80401
(Address of principal executive offices)   (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))
1
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On October 1, 2014, the Board of Directors (the
"
Board
"
) of Good Times Restaurants Inc. (the
"
Company
"
) approved an Executive Management Compensation Plan (the
"
Plan
"
) for fiscal year 2015 as recommended by the Company
'
s Compensation Committee.
In connection with the Plan, the Board authorized the payout of $100,000 in cash and $400,000 worth of restricted stock awards in the Company to the Company
'
s named executive officers as compensation for their recent contributions to the Company.  The amount of such awards to each officer is based on the 2015 fiscal salaries for each officer.  The restricted stock awards will be subject to three-year cliff vesting and forfeiture provisions in case of the termination of the employment of any officer.
The Plan also sets forth a bonus program for the Officers.  Pursuant to this bonus program, the Company
'
s named executive officers are eligible to receive performance cash awards if the Company achieves certain performance metrics, which have been selected by the Company
'
s Compensation Committee.  Based on these performance metrics for each fiscal year, an
"
overall performance
"
rating will be identified for each officer, and the amount of the bonus for that year for each officer will be based on such rating and such Officer
'
s current annual salary.  The Compensation Committee and the Chief Executive Officer will have the right to adjust the final rating based on other performance considerations.  The target bonuses set by the Compensation Committee for each officer range between 15% and 40% of the 2015 fiscal year salary for such officer.
Finally, the Plan authorizes the issuance of restricted stock awards as additional compensation for certain named executive officers, which will be issued subject to the discretion of the Compensation Committee.
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:  October 7, 2014
By:
/s/ Boyd E. Hoback
Boyd E. Hoback
President and Chief Executive Officer
3