0001193125-11-168734.txt : 20110620 0001193125-11-168734.hdr.sgml : 20110620 20110620154134 ACCESSION NUMBER: 0001193125-11-168734 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110615 ITEM INFORMATION: Entry into a Material Definitive Agreement FILED AS OF DATE: 20110620 DATE AS OF CHANGE: 20110620 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FRISCHS RESTAURANTS INC CENTRAL INDEX KEY: 0000039047 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] IRS NUMBER: 310523213 STATE OF INCORPORATION: OH FISCAL YEAR END: 0530 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-07323 FILM NUMBER: 11920996 BUSINESS ADDRESS: STREET 1: 2800 GILBERT AVE CITY: CINCINNATI STATE: OH ZIP: 45206 BUSINESS PHONE: 5139612660 MAIL ADDRESS: STREET 1: 2800 GILBERT AVE CITY: CINCINNATI STATE: OH 8-K 1 d8k.htm CURRENT REPORT Current Report

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D. C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 15, 2011

 

 

FRISCH’S RESTAURANTS, INC.

(Exact name of registrant as specified in its charter)

 

 

 

OHIO   001-07323   31-0523213

(State or other jurisdiction

of incorporation)

  

(Commission

File Number)

  

(I.R.S. Employer

Identification No.)

2800 GILBERT AVENUE, CINCINNATI, OHIO   45206
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code 513-961-2660

 

(Former name or former address, if changed since last report.)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

Section 1 – Registrant’s Business and Operations

 

Item 1.01 Entry into a Material Definitive Agreement

Compensatory Arrangement

On June 15, 2011, the Compensation Committee of the Board of Directors granted an unrestricted stock award to Craig F. Maier, President and Chief Executive Officer of the Company. Pursuant to the award, 17,364 shares of the Company’s common stock were issued to Mr. Maier. The total value of the award amounted to $370,770, which will be reported in his W-2 compensation for 2011. The Company will record a corresponding charge against its pretax earnings in the first quarter (ending September 20, 2011) of its fiscal year that will end May 29, 2012. In connection with the award, Mr. Maier surrendered 7,998 shares back to the Company’s treasury, to cover the withholding tax obligation on the compensation.

Also on June 15, 2011, Mr. Maier’s stock option to purchase 40,000 shares of the Company’s common stock that was originally granted to him on July 11, 2001 was terminated. The strike price was $13.70 per share.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

      FRISCH’S RESTAURANTS, INC.
     

(registrant)

DATE  

June 20, 2011

      
      BY  

/s/ Donald H. Walker

        Donald H. Walker
        Vice President and Chief Financial Officer,
        Principal Financial Officer and
        Principal Accounting Officer