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Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Checkbox not checked   Rule 13d-1(b)
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SCHEDULE 13D/A 0001013594-24-000055 0001959730 XXXXXXXX LIVE 8 Common Stock, no par value 03/12/2025 false 0001013488 09180C106 BJs RESTAURANTS INC 7755 CENTER AVENUE SUITE 300 HUNTINGTON BEACH CA 92647 Kenneth Mantel, Esq. 212-451-2300 Olshan Frome Wolosky LLP 1325 Avenue of the Americas New York NY 10019 0001959730 N Fund 1 Investments, LLC AF N DE 2228396.00 0.00 2228396.00 0.00 2228396.00 N 9.81 HC OO Common Stock, no par value BJs RESTAURANTS INC 7755 CENTER AVENUE SUITE 300 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 2,228,396 Shares beneficially owned by the Reporting Person is approximately $72,993,949, 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 22,718,160 Shares outstanding as February 24, 2025, which is the total number of Shares outstanding as reported in the Issuer's Annual Report on Form 10-K filed with the Securities and Exchange Commission on February 26, 2025. As of date hereof, the Reporting Person beneficially owned 2,228,396 Shares, constituting approximately 9.81% 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 2,228,396 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 since the filing of Amendment No. 7 to the Schedule 13D are set forth in Exhibit 1 and are incorporated herein by reference. Item 6 is hereby amended to add the following: As previously disclosed, the Reporting Person entered into cash-settled swaps (the "Cash-Settled Swaps") with an unaffiliated third-party financial institution, representing economic exposure comparable to the number of Shares referenced by the Cash-Settled Swaps. The Reporting Person has terminated the Cash-Settled Swaps. The Reporting Person has entered into American-style over-the-counter call option contracts with an unaffiliated third party financial institution that settle into cash referencing an aggregate of 1,950,960 Shares, with a strike price of $22.50 and expiring on a range of dates from October 30, 2025, to January 27, 2026 (the "Cash-Settled Options"). The Cash-Settled Options can only be settled in cash and do not permit settlement in the form of Shares. The Cash-Settled Options do 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 Options, nor do they 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 Fund 1 Investments, LLC /s/ Benjamin C. Cable Benjamin C. Cable, Chief Operating Officer 03/14/2025