David Overton - Feb 27, 2025 Form 4 Insider Report for CHEESECAKE FACTORY INC (CAKE)

Role
CHAIRMAN AND C.E.O., Director
Signature
/s/ David Overton by Scarlett May, Attorney-in-Fact
Stock symbol
CAKE
Transactions as of
Feb 27, 2025
Transactions value $
-$1,072,940
Form type
4
Date filed
2/28/2025, 06:51 PM
Previous filing
Feb 20, 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 $8.44M +179K +5.95% $47.06 3.19M Feb 27, 2025 By Trust F1
transaction CAKE Common Stock Sale -$5.31M -100K -3.13% $53.08 3.09M Feb 27, 2025 By Trust F1, F2
transaction CAKE Common Stock Sale -$4.2M -79.3K -2.56% $52.99 3.01M Feb 28, 2025 By Trust F3
holding CAKE Common Stock 60.2K Feb 27, 2025 By Trust F4
holding CAKE Common Stock 184K Feb 27, 2025 By Trust F5
holding CAKE Common Stock 283K Feb 27, 2025 Direct F6

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 Employee Stock Option (right to buy) Options Exercise $0 -179K -100% $0.00 0 Feb 27, 2025 Common Stock 179K $47.06 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held by the David M. Overton Family Trust of which Mr. Overton is trustee.
F2 The price reported within column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $52.26 to $54.00, inclusive. The reporting person undertakes to provide to CAKE Corporation, any security holder of CAKE Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.
F3 The price reported within column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $52.00 to $53.45, inclusive. The reporting person undertakes to provide to CAKE Corporation, any security holder of CAKE Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (3) to this Form 4.
F4 Shares held by Mr. Overton's spouse as trustee for the Sheila A. Overton Living Trust. The reporting person disclaims beneficial ownership of these securities.
F5 Shares held by the David M. Overton 2011 Gift Trust UTA dated 11/23/2011 for the benefit of the reporting person's son. The reporting person's spouse is trustee of the trust. The reporting person disclaims beneficial ownership of these securities.
F6 Shares of restricted stock subject to forfeiture.