Filing Details

Accession Number:
0001145839-16-000008
Form Type:
13G Filing
Publication Date:
2016-08-24 10:22:14
Filed By:
Delta Partners
Company:
Good Times Restaurants Inc. (NASDAQ:GTIM)
Filing Date:
2016-08-24
SEC Url:
13G Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Delta Partners 888,544 888,544 7.2%
Charles Jobson 888,544 888,544 7.2%
Delta Partners GP 888,544 888,544 7.2%
Prism Partners 626,414 626,414 5.1%
Delta Advisors 626,414 626,414 5.1%
Filing

================================================================================ UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G (Amendment No. 1) good times restaurants inc. -------------------------------------------------------------------------------- (Name of issuer) COMMON STOCK, par value $0.001 per share -------------------------------------------------------------------------------- (Title of class of securities) 382140879 -------------------------------------------------------------------------------- (CUSIP number) August 16, 2016 -------------------------------------------------------------------------------- (Date of event which requires filing of this statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |X| Rule 13d-1(b) |X| Rule 13d-1(c) |_| Rule 13d-1(d) (Continued on the following pages) -------------------------------- (1)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 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). ================================================================================ ================================================================================ * SEE INSTRUCTIONS BEFORE FILLING OUT!

------------------------------ SCHEDULE 13G ------------------------------ CUSIP No. 382140879 Page 2 of 12 Pages ------------------------------ ------------------------------ -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Delta Partners LP -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION State of Delaware -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES BENEFICIALLY None OWNED BY EACH -------------------------------------------------------- REPORTING 6 SHARED VOTING POWER PERSON WITH 888,544 common stock -------------------------------------------------------- 7 SOLE DISPOSITIVE POWER None -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 888,544 common stock -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 888,544 common stock -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 7.2% common stock -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON * PN, IA ================================================================================ * SEE INSTRUCTIONS BEFORE FILLING OUT! ------------------------------ SCHEDULE 13G ------------------------------ CUSIP No. 382140879 Page 3 of 12 Pages ------------------------------ ------------------------------ -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Charles Jobson -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Massachusetts -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES BENEFICIALLY None OWNED BY EACH -------------------------------------------------------- REPORTING 6 SHARED VOTING POWER PERSON WITH 888,544 common stock -------------------------------------------------------- 7 SOLE DISPOSITIVE POWER None -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 888,544 common stock -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 888,544 common stock -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 7.2% common stock -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON * IN ================================================================================ * SEE INSTRUCTIONS BEFORE FILLING OUT! ------------------------------ SCHEDULE 13G ------------------------------ CUSIP No. 382140879 Page 4 of 12 Pages ------------------------------ ------------------------------ -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Delta Partners GP, LLC -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES BENEFICIALLY None OWNED BY EACH -------------------------------------------------------- REPORTING 6 SHARED VOTING POWER PERSON WITH 888,544 common stock -------------------------------------------------------- 7 SOLE DISPOSITIVE POWER None -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 888,544 common stock -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 888,544 common stock -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 7.2% common stock -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON * CO ================================================================================ * SEE INSTRUCTIONS BEFORE FILLING OUT! ------------------------------ SCHEDULE 13G ------------------------------ CUSIP No. 382140879 Page 5 of 12 Pages ------------------------------ ------------------------------ -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Prism Partners, L.P. -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES BENEFICIALLY 626,414 common stock OWNED BY EACH -------------------------------------------------------- REPORTING 6 SHARED VOTING POWER PERSON WITH None -------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 626,414 common stock -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER None -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 626,414 common stock -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.1% common stock -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON * PN ================================================================================ * SEE INSTRUCTIONS BEFORE FILLING OUT! ------------------------------ SCHEDULE 13G ------------------------------ CUSIP No. 382140879 Page 6 of 12 Pages ------------------------------ ------------------------------ -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Delta Advisors, LLC -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES BENEFICIALLY None OWNED BY EACH -------------------------------------------------------- REPORTING 6 SHARED VOTING POWER PERSON WITH 626,414 common stock -------------------------------------------------------- 7 SOLE DISPOSITIVE POWER None -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 626,414 common stock -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 626,414 common stock -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.1% common stock -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON * CO ================================================================================ * SEE INSTRUCTIONS BEFORE FILLING OUT! STATEMENT ON SCHEDULE 13G ITEM 1(a). NAME OF ISSUER: good times restaurants inc. ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 141 Union BLVD, Suite 400 Lakewood, CO 80228 ITEM 2(a). NAMES OF PERSON FILING: Delta Partners LP, a Delaware Limited Partnership Charles Jobson, United States Citizen Delta Partners GP, LLC, a Delaware Limited Liability Company Prism Partners, L.P., a Delaware Limited Partnerhip Delta Advisors, LLC, a Delaware Limited Liability Company ITEM 2(b). BUSINESS MAILING ADDRESS FOR EACH PERSON FILING: Each of the reporting persons & entities has a business address of: One International Place, Suite 2401 Boston, MA 02110 ITEM 2(c). CITIZENSHIP: Shown in item 2(a) above ITEM 2(d). TITLE OF CLASS OF SECURITIES: Common Stock, par value $0.001 per share ITEM 2(E). CUSIP NUMBER: 382140879 ITEM3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B), OR 13D-2(B), CHECK WHETHER THE PERSON FILING IS A: (e) An investment advisor in accordance with 240.13d-1(b)(1)(ii)(E) If this statement is filed pursuant to Rule 240,13d-1(c), check this box [x]. Page 7 of 12 ITEM 4. OWNERSHIP: DELTA PARTNERS LP * (a) Amount Beneficially Owned: 888,544 common stock ------------------------------------------- (b) Percent of Class: 7.2% common stock ---------------------------------------------------- (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: None ----------------------- (ii) shared power to vote or to direct the vote: 888,544 common stock --------------------- (iii)sole power to dispose or to direct the disposition of: None ------------ (iv)shared power to dispose or to direct the disposition of: 888,544 common stock --------- Delta Partners GP, LLC * (a) Amount Beneficially Owned: 888,544 common stock ------------------------------------------- (b) Percent of Class: 7.2% common stock ---------------------------------------------------- (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: None ----------------------- (ii) shared power to vote or to direct the vote: 888,544 common stock --------------------- (iii)sole power to dispose or to direct the disposition of: None ------------ (iv)shared power to dispose or to direct the disposition of: 888,544 common stock --------- Page 8 of 12 CHARLES JOBSON * (a) Amount Beneficially Owned: 888,544 common stock ------------------------------------------- (b) Percent of Class: 7.2% common stock ---------------------------------------------------- (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: None ----------------------- (ii) shared power to vote or to direct the vote: 888,544 common stock --------------------- (iii)sole power to dispose or to direct the disposition of: None ------------ (iv)shared power to dispose or to direct the disposition of: 888,544 common stock --------- PRISM PARTNERS, L.P. * (a) Amount Beneficially Owned: 626,414 common stock ------------------------------------------- (b) Percent of Class: 5.1% common stock ---------------------------------------------------- (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 626,414 common stock ----------------------- (ii) shared power to vote or to direct the vote: None --------------------- (iii)sole power to dispose or to direct the disposition of: 626,414 common stock ------------ (iv)shared power to dispose or to direct the disposition of: None --------- DELTA ADVISORS, LLC * (a) Amount Beneficially Owned: 626,414 common stock ------------------------------------------- (b) Percent of Class: 5.1% common stock ---------------------------------------------------- (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: None ----------------------- (ii) shared power to vote or to direct the vote: 626,414 common stock --------------------- (iii)sole power to dispose or to direct the disposition of: None ------------ (iv)shared power to dispose or to direct the disposition of: 626,414 common stock --------- * Shares reported for Delta Partners, LP, Delta Partners GP, LLC and Charles Jobson include shares beneficially owned by Prism Partners L.P., and Prism Offshore Fund Limited. Shares reported by Delta Advisors, LLC inlcude shares beneficially owned by Prism Partners, L.P. Item 5. Ownership of Five Percent or Less of a Class: Not Applicable Page 9 of 12 ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON: Not Applicable ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY: Not Applicable ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP: Not Applicable ITEM 9. NOTICE OF DISSOLUTION OF GROUP: Not Applicable Page 10 of 12 ITEM 10. CERTIFICATION: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: August 24, 2016 DELTA PARTNERS, LP By: Delta Partners GP, LLC its general partner By: /s/ Charles Jobson --------------------------------- Charles Jobson, Managing Member CHARLES JOBSON By: Charles Jobson --------------------------------- DELTA PARTNERS GP, LLC By: /s/ Charles Jobson --------------------------------- Charles Jobson, Managing Member PRISM PARTNERS, L.P. By: Delta Advisors, LLC its general partner By: /s/ Charles Jobson --------------------------------- Charles Jobson, Managing Member DELTA ADVISORS, LLC By: /s/ Charles Jobson --------------------------------- Charles Jobson, Managing Member Page 11 of 12