BJs RESTAURANTS INC
9.85%
2,247,984
1013488
09180C106
Feb 6, 2025
Feb 11, 2025, 05:53 PM
Reporting Persons (1)
| Name | Type | % of Class | Aggregate | Sole Voting | Shared Voting |
|---|---|---|---|---|---|
| Fund 1 Investments, LLC | Holding Company | 9.85% | 2,247,984 | 2,247,984 | 0 |
Disclosure Items (5)
Common Stock, no par value
BJs RESTAURANTS INC
7755 CENTER AVENUE, HUNTINGTON BEACH, CA, 92647
Item 3 is hereby amended and restated as follows: The Shares purchased by the Reporting Person were purchased with working capital (which may, at any given time, include margin loans made by brokerage firms in the ordinary course of business). The aggregate purchase price of the 2,247,984 Shares beneficially owned by the Reporting Person is approximately $72,312,616 (excluding approximately $47,761,732 notional value of the Cash-Settled Swaps (as defined in Item 6 below)), including brokerage commissions.
Item 5(a) is hereby amended and restated to read as follows: The aggregate percentage of Shares reported owned by the Reporting Person is based on 22,816,526 Shares outstanding as November 1, 2024, which is the total number of Shares outstanding as reported in the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 4, 2024. As of date hereof, the Reporting Person beneficially owned 2,247,984 Shares, constituting approximately 9.85% of the outstanding Shares.
Item 5(b) is hereby amended and restated to read as follows: The Reporting Person has sole power (i) to vote or direct the vote of, and (ii) to dispose or direct the disposition of, the 2,247,984 Shares held by the Funds.
Item 5(c) is hereby amended and restated to read as follows: The transactions in the Shares by the Reporting Person during the past sixty days are set forth in Exhibit 1 and are incorporated herein by reference.
Item 6 is hereby amended to add the following: In addition to the Shares referenced above, as of the date hereof, the Reporting Person has entered into cash-settled swaps (the "Cash-Settled Swaps") with an unaffiliated third-party financial institution that references 1,362,103 Shares (representing economic exposure comparable to approximately 6.0% of the outstanding Shares). The Cash-Settled Swaps can only be settled in cash and do not permit settlement in the form of Shares. The Cash-Settled Swaps does not give the Reporting Person, directly or indirectly, the power to vote or direct the voting or the power to dispose or direct the disposition of the Shares referenced by the Cash-Settled Swaps, nor does it require the counterparty thereto to acquire, hold, vote or dispose of any securities of the Issuer.
Item 7 is hereby amended to add the following exhibit: 1 - Transactions in Securities