Keith Carango - Feb 18, 2025 Form 4 Insider Report for CHEESECAKE FACTORY INC (CAKE)

Role
PRESIDENT (SUBSIDIARY)
Signature
/s/ Keith Carango by Scarlett May, Attorney-in-Fact
Stock symbol
CAKE
Transactions as of
Feb 18, 2025
Transactions value $
-$20,360
Form type
4
Date filed
2/20/2025, 07:00 PM
Previous filing
Feb 18, 2025
Next filing
Apr 3, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CAKE Common Stock Options Exercise +1.02K +5.31% 20.2K Feb 18, 2025 Direct F1
transaction CAKE Common Stock Tax liability -$20.4K -365 -1.77% $55.78 20.2K Feb 18, 2025 Direct F2
holding CAKE Common Stock 25.7K Feb 18, 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 -1.02K -100% $0.00 0 Feb 18, 2025 Common Stock 1.02K $0.00 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.