CHEESECAKE FACTORY INC — Director's Dealing 2017

May 25, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEESECAKE FACTORY INC (CAKE)
CIK: 0000887596
Period of Report: 2017-05-23

Reporting Person: ZURZOLO DEBBY R (Exec VP, Gen Counsel & Secy)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-05-23	Common Stock	M	600	$21.42	Acquired	26184	Indirect
2017-05-23	Common Stock	S	500	$58.50	Disposed	25684	Indirect
2017-05-24	Common Stock	M	5400	$21.42	Acquired	31084	Indirect
2017-05-24	Common Stock	S	4500	$59.06	Disposed	26584	Indirect
2017-05-25	Common Stock	M	1200	$21.42	Acquired	27784	Indirect
2017-05-25	Common Stock	S	100	$59.775	Disposed	27684	Indirect
2017-05-25	Common Stock	S	400	$59.76	Disposed	27284	Indirect
2017-05-25	Common Stock	S	500	$59.98	Disposed	26784	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-05-23	Employee Stock Options (right to buy)	$21.42	M	600	Disposed	2018-01-07	Common Stock (600)	Direct
2017-05-24	Employee Stock Options (right to buy)	$21.42	M	5400	Disposed	2018-01-07	Common Stock (5400)	Direct
2017-05-25	Employee Stock Options (right to buy)	$21.42	M	1200	Disposed	2018-01-07	Common Stock (1200)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7400	Direct
Common Stock	757	Indirect

Footnotes

F1: Held by the Debby R. Chinski Living Trust of which the reporting person is trustee.

F2: The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions ranging from $58.76 to $59.31, 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: Shares of restricted stock subject to forfeiture.