-----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, LVei9wg0ENyE/O7YMiSZnrvyaq4Q4SqKC6zWmJO1ufDvq2W+LKctriiOnEcXO8CN 3lVbzdN0nr0SXh7glZsMzQ== 0000950144-98-010892.txt : 19980923 0000950144-98-010892.hdr.sgml : 19980923 ACCESSION NUMBER: 0000950144-98-010892 CONFORMED SUBMISSION TYPE: 4/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19980914 FILED AS OF DATE: 19980922 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: 0306 FILING VALUES: FORM TYPE: 4/A SEC ACT: SEC FILE NUMBER: 000-07277 FILM NUMBER: 98712841 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: TEMPLETON JAMES M CENTRAL INDEX KEY: 0001070115 STANDARD INDUSTRIAL CLASSIFICATION: [] OWNER FILING VALUES: FORM TYPE: 4/A BUSINESS ADDRESS: STREET 1: P.O. BOX 399 CITY: CLAREMONT STATE: NC ZIP: 28610 BUSINESS PHONE: 8284593115 MAIL ADDRESS: STREET 1: P.O. BOX 399 CITY: CLAREMONT STATE: NC ZIP: 28610 4/A 1 FRESH FOODS/JAMES M TEMPLETON FORM 4/AMENDMENT 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 Templeton James M. 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 399 Number of Reporting Month/Year X Officer (give Other (Specify - --------------------------------------------- Person (Voluntary) ---- title --- below) (Street) ------------------ below) Claremont NC 28610 5. If Amendment, Vice President - --------------------------------------------- Date of Original ------------------------------------- (City) (State) (Zip) (Month/Year) August 1998 7. Individual or Joint/Group Filing ------------------ (Check applicable line) X 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 55(1) A $14 - ------------------------------------------------------------------------------------------------------------------------------------ 8/13/98 P 440(2) A $13.625 - ------------------------------------------------------------------------------------------------------------------------------------ 8/17/98 P 385(3) A $13.625 - ------------------------------------------------------------------------------------------------------------------------------------ 134,996(4) I by HERTH - ------------------------------------------------------------------------------------------------------------------------------------ Management, Inc. - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 7,802(5) D - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ *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)-- - ------------------------------------------------------------------------------------------------------------------------------------ 1987 Special Stock - ------------------------------------------------------------------------------------------------------------------------------------ Option Plan $3.20 12/11/91 12/11/01 Common Stock 50,000 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ Option (right to buy)-- - ------------------------------------------------------------------------------------------------------------------------------------ 1997 Special Stock - ------------------------------------------------------------------------------------------------------------------------------------ Option Plan $10.50(6) 2/23/98 2/23/08 Common Stock 15,000 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ Option (right to buy)-- - ------------------------------------------------------------------------------------------------------------------------------------ 1997 Incentive Stock - ------------------------------------------------------------------------------------------------------------------------------------ Option Plan $10.50(7) (8) 2/23/08 Common Stock 25,000 - ------------------------------------------------------------------------------------------------------------------------------------ 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)-- - ------------------------------------------------------------------------------------------------------- 1987 Special Stock - ------------------------------------------------------------------------------------------------------- Option Plan 50,000 D - ------------------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------- Option (right to buy)-- - ------------------------------------------------------------------------------------------------------- 1997 Special Stock - ------------------------------------------------------------------------------------------------------- Option Plan 15,000 D - ------------------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------- Option (right to buy)-- - ------------------------------------------------------------------------------------------------------- 1997 Incentive Stock - ------------------------------------------------------------------------------------------------------- Option Plan 25,000 D - ------------------------------------------------------------------------------------------------------- Explanation of Responses: **Intentional misstatements or omissions of facts constitute Federal Criminal Violations. /s/ James M. Templeton 9/14/98 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 an 11% owner of HERTH Management, Inc. ("HERTH"), which purchased 500 shares of Common Stock. Pursuant to Rule l6a-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 an 11% owner of HERTH, which purchased 4,000 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. (3) The Reporting Person is an 11% owner of HERTH, which purchased 3,500 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. (4) The Reporting Person is an 11% 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) Includes 3,565 shares owned through the Employee Stock Purchase Plan of the Issuer. (6) 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. (7) The Board of Directors of the Issuer repriced the options granted under the 1997 Incentive Stock Option Plan on August 27, 1998. In such repricing, the option exercise price was lowered from $16.00 to $10.50. (8) The options were granted on February 23, 1998 and become exercisable at a rate of 20% per year over five years. The first 20% become exercisable on February 23, 1999. Page 3 of 3 -----END PRIVACY-ENHANCED MESSAGE-----