David Overton - 18 Feb 2025 Form 4 Insider Report for CHEESECAKE FACTORY INC (CAKE)

Signature
/s/ David Overton, Attorney-in-Fact
Issuer symbol
CAKE
Transactions as of
18 Feb 2025
Net transactions value
-$317,556
Form type
4
Filing time
20 Feb 2025, 18:58:49 UTC
Previous filing
18 Feb 2025
Next filing
28 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CAKE Common Stock Options Exercise +11,210 +0.37% 3,012,847 18 Feb 2025 By Trust F1, F2
transaction CAKE Common Stock Tax liability $317,556 -5,693 -0.19% $55.78 3,012,847 18 Feb 2025 By Trust F2, F3
holding CAKE Common Stock 60,211 18 Feb 2025 By Trust F4
holding CAKE Common Stock 183,950 18 Feb 2025 By Trust F5
holding CAKE Common Stock 282,936 18 Feb 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 Restricted Stock Options Exercise $0 -11,210 -100% $0.000000 0 18 Feb 2025 Common Stock 11,210 $0.000000 Direct F7
* 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 Shares held by the David M. Overton Family Trust of which Mr. Overton is trustee
F3 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.
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.
F7 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.