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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
(Amendment No. 3)
good times restaurants inc.
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(Name of issuer)
COMMON STOCK, par value $0.001 per share
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(Title of class of securities)
382140879
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(CUSIP number)
November 21, 2016
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(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).
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* SEE INSTRUCTIONS BEFORE FILLING OUT!
------------------------------ SCHEDULE 13G ------------------------------
CUSIP No. 382140879 Page 2 of 13 Pages
------------------------------ ------------------------------
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Delta Partners LP
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |X|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware
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NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY None
OWNED BY EACH --------------------------------------------------------
REPORTING 6 SHARED VOTING POWER
PERSON
WITH 2,248,436 common stock
--------------------------------------------------------
7 SOLE DISPOSITIVE POWER
None
--------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,248,436 common stock
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,248,436 common stock
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
18.3% common stock
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12 TYPE OF REPORTING PERSON *
PN, IA
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* SEE INSTRUCTIONS BEFORE FILLING OUT!
------------------------------ SCHEDULE 13G ------------------------------
CUSIP No. 382140879 Page 3 of 13 Pages
------------------------------ ------------------------------
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Charles Jobson
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |X|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Massachusetts
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NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY None
OWNED BY EACH --------------------------------------------------------
REPORTING 6 SHARED VOTING POWER
PERSON
WITH 2,248,436 common stock
--------------------------------------------------------
7 SOLE DISPOSITIVE POWER
None
--------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,248,436 common stock
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,248,436 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
18.3% common stock
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
IN
================================================================================
* SEE INSTRUCTIONS BEFORE FILLING OUT!
------------------------------ SCHEDULE 13G ------------------------------
CUSIP No. 382140879 Page 4 of 13 Pages
------------------------------ ------------------------------
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Delta Partners GP, LLC
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |X|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY None
OWNED BY EACH --------------------------------------------------------
REPORTING 6 SHARED VOTING POWER
PERSON
WITH 2,248,436 common stock
--------------------------------------------------------
7 SOLE DISPOSITIVE POWER
None
--------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,248,436 common stock
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,248,436 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
18.3% common stock
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
CO
================================================================================
* SEE INSTRUCTIONS BEFORE FILLING OUT!
------------------------------ SCHEDULE 13G ------------------------------
CUSIP No. 382140879 Page 5 of 13 Pages
------------------------------ ------------------------------
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Prism Partners, L.P.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |X|
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3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY 1,346,850 common stock
OWNED BY EACH --------------------------------------------------------
REPORTING 6 SHARED VOTING POWER
PERSON
WITH None
--------------------------------------------------------
7 SOLE DISPOSITIVE POWER
1,346,850 common stock
--------------------------------------------------------
8 SHARED DISPOSITIVE POWER
None
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,346,850 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
11.0% common stock
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
PN
================================================================================
* SEE INSTRUCTIONS BEFORE FILLING OUT!
------------------------------ SCHEDULE 13G ------------------------------
CUSIP No. 382140879 Page 6 of 13 Pages
------------------------------ ------------------------------
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Delta Advisors, LLC
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |X|
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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 1,346,850 common stock
--------------------------------------------------------
7 SOLE DISPOSITIVE POWER
None
--------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,346,850 common stock
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,346,850 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
11.0% common stock
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
CO
================================================================================
* SEE INSTRUCTIONS BEFORE FILLING OUT!
------------------------------ SCHEDULE 13G ------------------------------
CUSIP No. 382140879 Page 7 of 13 Pages
------------------------------ ------------------------------
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Prism Offshore Fund, Ltd.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |X|
--------------------------------------------------------------------------------
3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
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NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY 901,586 common stock
OWNED BY EACH --------------------------------------------------------
REPORTING 6 SHARED VOTING POWER
PERSON
WITH None
--------------------------------------------------------
7 901,586 common stock
--------------------------------------------------------
8 SHARED DISPOSITIVE POWER
None
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
901,586 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
7.3% 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
Prism Offshore Fund, Ltd, a Cayman Islands 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 8 of 13
ITEM 4. OWNERSHIP:
DELTA PARTNERS LP *
(a) Amount Beneficially Owned: 2,248,436 common stock
-------------------------------------------
(b) Percent of Class: 18.3% 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:2,248,436 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:2,248,436
common stock
---------
Delta Partners GP, LLC *
(a) Amount Beneficially Owned: 2,248,436 common stock
-------------------------------------------
(b) Percent of Class: 18.3% 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:2,248,436 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:2,248,436
common stock
---------
Prism Offshore Fund, Ltd *
(a) Amount Beneficially Owned: 901,586 common stock
-------------------------------------------
(b) Percent of Class: 7.3% common stock
----------------------------------------------------
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 901,586 common stock
-----------------------
(ii) shared power to vote or to direct the vote: None
---------------------
(iii)sole power to dispose or to direct the disposition of: 901,586
common stock
------------
(iv)shared power to dispose or to direct the disposition of: None
---------
Page 9 of 13
CHARLES JOBSON *
(a) Amount Beneficially Owned: 2,248,436 common stock
-------------------------------------------
(b) Percent of Class: 18.3% 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:2,248,436 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:2,248,436
common stock
---------
PRISM PARTNERS, L.P. *
(a) Amount Beneficially Owned: 1,346,850 common stock
-------------------------------------------
(b) Percent of Class: 11.0% common stock
----------------------------------------------------
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 1,346,850 common stock
-----------------------
(ii) shared power to vote or to direct the vote: None
---------------------
(iii)sole power to dispose or to direct the disposition of:1,346,850
common stock
------------
(iv)shared power to dispose or to direct the disposition of: None
---------
DELTA ADVISORS, LLC *
(a) Amount Beneficially Owned: 1,346,850 common stock
-------------------------------------------
(b) Percent of Class: 11.0% 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:1,346,850 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:1,346,850
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 10 of 13
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 11 of 13
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: November 29, 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
PRISM OFFSHORE FUND, LTD
By: Delta Partners, LP
its investment manager
/s/ Charles Jobson
---------------------------------
Charles Jobson, Partner
Page 12 of 13
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k) under the Securities Exchange Act of
1934, as amended, the undersigned agree to the joint filing on behalf of each of
them of a statement on Schedule 13G (including amendments thereto) with respect
to the Common Stock of good times restaurants inc. and further agree that
this agreement be included as an exhibit to such filing. Each party to the
agreement expressly authorizes each other party to file on its behalf any and
all amendments to such statement. Each party to this agreement agrees that this
joint filing agreement may be signed in counterparts.
In evidence whereof, the undersigned have caused this Agreement to be
executed on their behalf this 29th day of November 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
PRISM OFFSHORE FUND, LTD
By: Delta Partners, LP
its investment manager
/s/ Charles Jobson
---------------------------------
Charles Jobson, Partner
Page 13 of 13