Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
JOBSON CHARLES E
  2. Issuer Name and Ticker or Trading Symbol
Good Times Restaurants Inc. [GTIM]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
265 FRANKLIN STREET, SUITE 903
3. Date of Earliest Transaction (Month/Day/Year)
12/20/2017
(Street)

BOSTON, MA 02110
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/20/2017   J   901,586 D $ 0 0 I Footnote (1)
Common Stock 12/20/2017   J   879,117 A $ 0 2,248,757 I Footnote (2)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
JOBSON CHARLES E
265 FRANKLIN STREET
SUITE 903
BOSTON, MA 02110
  X   X    
DELTA PARTNERS LP
265 FRANKLIN STREET
SUITE 903
BOSTON, MA 02110
    X    
Delta Partners GP, LLC
265 FRANKLIN STREET
SUITE 903
BOSTON, MA 02110
    X    
Delta Advisors, LLC
265 FRANKLIN STREET
SUITE 903
BOSTON, MA 02110
    X    
PRISM PARTNERS, L.P.
265 FRANKLIN STREET
SUITE 903
BOSTON, MA 02110
    X    

Signatures

 Charles Jobson   12/22/2017
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Reporting person, Delta Partners, LP is the investment manager for three private funds, Prism Partners, L.P., Prism Offshore Fund, Ltd. and Delta Growth Master Fund, LP and is deemed to have beneficial ownership. The three funds are the actual owners of the Common Stock of the Issuer. One of these funds, Prism Offshore Fund, Ltd., made a pro rata distribution for no consideration of an aggregate amount of 901,586 shares of Common Stock of the Issuer to it members as of December 20, 2017.
(2) In connection with the distribution described in Footnote (1), Reporting Person Delta Partners, LP received an aggregate of 879,117 shares of the Issuer. Of the shares reported herein as owned after the transaction, 1,363,440 of such shares are held directly by Reporting Person Prism Partners, L.P., 879,117 are held directly by Reporting Person Delta Partners, LP, and 6,200 are held by an entity of which Reporting Person Delta Advisors, LLC is the general partner. Delta Advisors is also the general partner of Prism Partners, L.P. Delta Partners GP, LLC is the general partner of Delta Partners, LP. Charles Jobson, a member of the Board of Directors of the Issuer, is the principal of Delta Partners and managing member of Delta Partners GP, and Delta Advisors and can be deemed to have investment discretion. Each of Delta Partners, Delta Advisors, Delta Partners GP and Mr. Jobson disclaim Section 16 beneficial ownership except to the extent, if any, of their pecuniary interest.

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