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BJ's Restaurants (BJRI) Officer Awarded 2,668 Stock Options — Form 4/A

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

BJ's Restaurants insider grant and amendment: Gregory S. Lynds, Executive Vice President & Chief Development Officer of BJRI, was granted non-qualified stock options on 01/15/2025 covering 2,668 underlying common shares with an exercise price of $34.28. The options become exercisable in installments, vesting 33.3% per year beginning 01/15/2026, and expire on 01/15/2035. The filing is an amendment correcting a typographical error in the previously reported number of derivative securities.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: A routine option grant to an executive with a standard multi-year vesting schedule; amendment corrects a prior typographical error.

The grant of 2,668 non-qualified stock options at a $34.28 exercise price aligns executive compensation with long-term shareholder value and includes a typical cliff/annual vesting cadence (33.3% per year beginning one year after grant). The ten-year term to 01/15/2035 is standard for stock options. The Form 4/A corrects a reporting detail rather than changing the economics of the award.

TL;DR: Disclosure is corrective and routine; transaction is non-derivative exercise-right grant with multi-year vesting, not an immediate transfer of shares.

The filing documents a derivative award (stock options) rather than an immediate share issuance, meaning beneficial ownership increases only upon exercise and vesting. The amendment notes a typographical correction, indicating the company/insider ensured reporting accuracy. No material governance concerns are disclosed in the form itself.

Insider Lynds Gregory S
Role Exec VP -Chief Dev.Officer
Type Security Shares Price Value
holding Non-Qualified Stock Options -- -- --
Holdings After Transaction: Non-Qualified Stock Options — 2,668 shares (Direct)
Footnotes (1)
  1. These stock options vest 33.3% per year beginning on January 15, 2026. This Form 4/A is being filed to correct a minor typographical error in the number of derivative securities previously reported.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Lynds Gregory S

(Last) (First) (Middle)
7755 CENTER AVENUE
SUITE 300

(Street)
HUNTINGTON BEACH CA 92647

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
BJs RESTAURANTS INC [ BJRI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Exec VP -Chief Dev.Officer
3. Date of Earliest Transaction (Month/Day/Year)
01/15/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
01/16/2025
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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
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 Securities Underlying Derivative Security (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: 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
Non-Qualified Stock Options $34.28 01/15/2026 01/15/2035 Common Stock 2,668 2,668(1)(2) D
Explanation of Responses:
1. These stock options vest 33.3% per year beginning on January 15, 2026.
2. This Form 4/A is being filed to correct a minor typographical error in the number of derivative securities previously reported.
/s/ Jacob J. Guild, Attorney-in-Fact for Gregory S. Lynds 09/12/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.