Scarlett May - 18 Feb 2025 Form 4 Insider Report for CHEESECAKE FACTORY INC (CAKE)

Signature
/s/ Scarlett May
Issuer symbol
CAKE
Transactions as of
18 Feb 2025
Net transactions value
-$37,261
Form type
4
Filing time
20 Feb 2025, 18:58:20 UTC
Previous filing
18 Feb 2025
Next filing
03 Apr 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CAKE Common Stock Options Exercise +1,246 +6% 21,969 18 Feb 2025 Direct F1
transaction CAKE Common Stock Tax liability $37,261 -668 -2.9% $55.78 22,367 18 Feb 2025 Direct F2
holding CAKE Common Stock 32,569 18 Feb 2025 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CAKE Restricted Stock Options Exercise $0 -1,246 -100% $0.000000 0 18 Feb 2025 Common Stock 1,246 $0.000000 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock represent Issuer Common Stock on a one-for-one basis.
F2 Represents shares of Issuer Common Stock withheld by the Issuer solely to satisfy tax withholding obligations in connection with the net issuance of shares of Issuer Common Stock delivered to the Reporting Person on February 18, 2025, from the vesting of restricted stock.
F3 Shares of restricted stock subject to forfeiture.
F4 On February 13, 2025, the Compensation Committee certificated to the attainment of the Total Revenue Growth, Adjusted Sales Per Productive Square Foot, and Adjusted Controllable Profit goals and determined that 78% of the RSAs were eligible to vest based on continued service-vesting conditions, subject to continued service. Amounts shown represent 20% of the award that service vested on February 18, 2025.