-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, EzwuYetxC/dW0I1UGRJ/G4uPaltbeVEKRNA6YBERNoaTN6oUdrImGwTtcly1c0Yp PayJOqlh+k8n8XDBVUWq4Q== 0000950144-98-010601.txt : 19980911 0000950144-98-010601.hdr.sgml : 19980911 ACCESSION NUMBER: 0000950144-98-010601 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19980910 FILED AS OF DATE: 19980910 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FRESH FOODS INC CENTRAL INDEX KEY: 0000067494 STANDARD INDUSTRIAL CLASSIFICATION: BAKERY PRODUCTS [2050] IRS NUMBER: 560945643 STATE OF INCORPORATION: NC FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: 4 SEC ACT: SEC FILE NUMBER: 000-07277 FILM NUMBER: 98707325 BUSINESS ADDRESS: STREET 1: P O BOX 399 CITY: CLAREMONT STATE: NC ZIP: 28610 BUSINESS PHONE: 7044597626 MAIL ADDRESS: STREET 1: PO BOX 399 CITY: CLAREMONT STATE: NC ZIP: 28610 FORMER COMPANY: FORMER CONFORMED NAME: WSMP INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: WESTERN STEER MOM N POPS INC DATE OF NAME CHANGE: 19880719 FORMER COMPANY: FORMER CONFORMED NAME: MOM N POPS HAM HOUSE INC DATE OF NAME CHANGE: 19810827 COMPANY DATA: COMPANY CONFORMED NAME: EDGELL GREGORY A CENTRAL INDEX KEY: 0001070063 STANDARD INDUSTRIAL CLASSIFICATION: [] OWNER FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: P O BOX 1926 CITY: COLUMBIA STATE: SC ZIP: 29202 BUSINESS PHONE: 8037798070 4 1 FRESH FOODS/GREGORY A EDGELL FORM 4 1 - ------ FORM 4 - ------ U.S. SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP / / Check box if no longer subject to Filed pursuant to Section 16(a) of the Securities Section 16. Form 4 Exchange Act of 1934, Section 17(a) of the or Form 5 obligations Public Utility Holding Company Act of 1935 may continue. See or Section 30(f) of the Investment Company Instruction 1(b). Act of 1940 - ------------------------------------------------------------------------------------------------------------------------------------ 1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person to Edgell Gregory A. Fresh Foods, Inc. (NASDAQ: FOOD) Issuer (Check all applicable) - --------------------------------------------- ---------------------------------------------- Director X 10% Owner (Last) (First) (Middle) 3. IRS or Social Security 4. Statement for ---- --- P.O. Box 1926 Number of Reporting Month/Year Officer (give Other (Specify - --------------------------------------------- Person (Voluntary) August 1998 ---- title --- below) (Street) ------------------ below) Columbia SC 29202 ###-##-#### 5. If Amendment, - --------------------------------------------- Date of Original ------------------------------------- (City) (State) (Zip) (Month/Year) 7. Individual or Joint/Group Filing ------------------ (Check applicable line) Form filed by one ---- Reporting Person Form filed by more than ---- one Reporting Person - ------------------------------------------------------------------------------------------------------------------------------------ TABLE 1 -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED - ------------------------------------------------------------------------------------------------------------------------------------ 1. Title of Security 2. Trans- 3. Transac- 4. Securities Acquired (A) 5. Amount of Se- 6. Owner- 7. Nature (Instr. 3) action tion or Disposed of (D) curities Benefi- ship of In- Date Code (Instr. 3, 4 and 5) cially Owned at Form: direct (Instr. 8) End of Month Direct Benefi- (Month/ (Instr. 3 and 4) (D) or cial Day/ --------------------------------------- Indirect Owner- Year) Code V Amount (A) or Price (I) ship (D) (Instr. 4) (Instr. 4) Common Stock 8/7/98 P 110(1) A $14 - ------------------------------------------------------------------------------------------------------------------------------------ 8/13/98 P 880(2) A $13.625 - ------------------------------------------------------------------------------------------------------------------------------------ 8/17/98 P 770(3) A $13.625 - ------------------------------------------------------------------------------------------------------------------------------------ 269,992(4) I by HERTH - ------------------------------------------------------------------------------------------------------------------------------------ Management Inc. - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 8/12/98 J (5) 62,500(6) D $21.00 0 I by Capital - ------------------------------------------------------------------------------------------------------------------------------------ Factors, Inc. - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 8/12/98 J (7) 125,000 A $21.00 - ------------------------------------------------------------------------------------------------------------------------------------ 1,250 126,250 D - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 625 625 I by Spouse as - ------------------------------------------------------------------------------------------------------------------------------------ custodian for minor children - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ *If the Form is filed by more than one Reporting Person, see Instruction 4(b)(v). Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over) (Print or Type Response) (8/96)
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FORM 4 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES) - ------------------------------------------------------------------------------------------------------------------------------------ 1. Title of Derivative 2. Conver- 3. Trans- 4. Trans- 5. Number of 6. Date Exer- 7. Title and Amount 8. Price Security sion or action action Derivative cisable and of Underlying of (Instr. 3) Exercise Date Code Securities Expiration Securities Deriv- Price of (Month/ (Instr. Acquired (A) Date (Instr. 3 and 4) ative Deriv- Day/ 8) or Disposed (Month/Day/ Secur- ative Year) of (D) Year) ity Security (Instr. 3, (Instr. 5) 4, and 5) ----------------------------------- Date Expira- Amount or ---------------------------- Exer- tion Title Number of Code V (A) (D) cisable Date Shares - ------------------------------------------------------------------------------------------------------------------------------------ Option (right to buy)-- - ------------------------------------------------------------------------------------------------------------------------------------ 1997 Special Stock - ------------------------------------------------------------------------------------------------------------------------------------ Option Plan $10.50 (8) 2/23/98 2/23/08 Common Stock 40,000 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ 1. Title of Derivative 9. Number of 10. Ownership 11. Nature of Security Derivative Form of Indirect (Instr. 3) Securities Derivative Beneficial Beneficially Security: Ownership Owned at End Direct (D) (Instr. 4) of Month or Indirect (I) (Instr. 4) (Instr. 4) - ------------------------------------------------------------------------------------------------------- Option (right to buy)-- - ------------------------------------------------------------------------------------------------------- 1997 Special Stock - ------------------------------------------------------------------------------------------------------- Option Plan 40,000 D - ------------------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------- Explanation of Responses: **Intentional misstatements or omissions of facts constitute Federal Criminal Violations. /s/ Gregory A. Edgell 9/10/98 See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). ------------------------------- ------- **Signature of Reporting Person Date Note. File three copies of this form, one of which must be manually signed. Page 2 If space provided is insufficient, see Instruction 6 for procedure.
Page 2 of 3 3 (1) The Reporting Person is a 22% owner of HERTH Management, Inc. ("HERTH"), which purchased 500 shares of Common Stock. Pursuant to Rule 16a-1 of the Securities Exchange Act of 1934 (the "Act"), this filing shall not be deemed an admission that the Reporting Person is the beneficial owner of any equity securities covered by this statement. (2) The Reporting Person is a 22% owner of HERTH, which purchased 4,000 shares of Common Stock. Pursuant to Rule 16a-1 of the Act, this filing shall not be deemed an admission that the Reporting Person is the beneficial owner of any equity securities covered by this statement. (3) The Reporting Person is a 22% owner of HERTH, which purchased 3,500 shares of Common Stock. Pursuant to Rule 16a-1 of the Act, this filing shall not be deemed an admission that the Reporting Person is the beneficial owner of any equity securities covered by this statement. (4) The Reporting Person is a 22% owner of HERTH, which owns 1,227,235 shares of Common Stock. Pursuant to Rule l6a-1 of the Act, this filing shall not be deemed an admission that the Reporting Person is the beneficial owner of any equity securities covered by this statement. (5) The Reporting Person is a 50% owner of Capital Factors, Inc. ("Capital Factors"), which distributed 125,000 shares of Common Stock to the Reporting Person in exchange for cancellation of certain indebtedness owed by Capital Factors to the Reporting Person. Pursuant to Rule 16a-1 of the Act, this filing shall not be deemed an admission that the Reporting Person is the beneficial owner of any equity securities covered by this statement. (6) The Reporting Person is a 50% owner of Capital Factors, which owns no shares after distributing 125,000 shares of Common Stock to the Reporting Person. Pursuant to Rule l6a-1 of the Act, this filing shall not be deemed an admission that the Reporting Person is the beneficial owner of any equity securities covered by this statement. (7) The Reporting Person is a 50% owner of Capital Factors, which owns no shares of Common Stock. The Reporting Person acquired 125,000 shares of Common Stock distributed by Capital Factors in exchange for certain indebtedness owed by Capital Factors to the Reporting Person. Pursuant to Rule l6a-1 of the Act, this filing shall not be deemed an admission that the Reporting Person is the beneficial owner of any equity securities covered by this statement. (8) The Board of Directors of the Issuer repriced the options granted under the 1997 Special Stock Option Plan on August 27, 1998. In such repricing, the option exercise price was lowered from $16.00 to $10.50. Page 3 of 3 -----END PRIVACY-ENHANCED MESSAGE-----