-----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, WHbBaVhmx2a7FKQfw6QWZLQsHlqhYgT09jKYPgi5wReO1ulqw9kb5Vba4u8X05/1 6umkty8T4PndXpigLTnTZQ== 0001209191-10-002085.txt : 20100106 0001209191-10-002085.hdr.sgml : 20100106 20100106180508 ACCESSION NUMBER: 0001209191-10-002085 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20100104 FILED AS OF DATE: 20100106 DATE AS OF CHANGE: 20100106 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BRACKEN GEORGE R CENTRAL INDEX KEY: 0001252802 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-14170 FILM NUMBER: 10512873 MAIL ADDRESS: STREET 1: ONE NORTH UNIVERSITY DRIVE STREET 2: BUILDING A, 4TH FLOOR CITY: PLANTATION STATE: FL ZIP: 33324 FORMER NAME: FORMER CONFORMED NAME: BRADEN GEORGE R DATE OF NAME CHANGE: 20030708 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: NATIONAL BEVERAGE CORP CENTRAL INDEX KEY: 0000069891 STANDARD INDUSTRIAL CLASSIFICATION: BOTTLED & CANNED SOFT DRINKS CARBONATED WATERS [2086] IRS NUMBER: 592605822 STATE OF INCORPORATION: DE FISCAL YEAR END: 0430 BUSINESS ADDRESS: STREET 1: 8100 SW 10TH STREET STREET 2: SUITE 4000 CITY: FT. LAUDERDALE STATE: FL ZIP: 33324 BUSINESS PHONE: 9545810922 MAIL ADDRESS: STREET 1: 8100 SW 10TH STREET STREET 2: SUITE 4000 CITY: FT. LAUDERDALE STATE: FL ZIP: 33324 4 1 c94385_4x0.xml MAIN DOCUMENT DESCRIPTION X0303 4 2010-01-04 0000069891 NATIONAL BEVERAGE CORP FIZZ 0001252802 BRACKEN GEORGE R 8100 SW 10TH STREET SUITE 4000 PLANTATION FL 33324 0 1 0 0 SR VP Finance COMMON STOCK 2010-01-04 4 X 0 8400 .72 A 113520 D COMMON STOCK 2010-01-04 4 X 0 300 .01 A 113820 D SPECIAL STOCK OPTION .72 2010-01-04 4 X 0 8400 .72 D 2002-11-06 2011-07-05 COMMON STOCK 8400 5100 D KEEP STOCK OPTION .01 2010-01-04 4 X 0 300 .01 D 2004-12-31 2011-12-30 COMMON STOCK 300 4800 D Options granted under the Company's Special Stock Option Plan vest over an 8 year period in relatively equal amounts at approximately 16 month intervals. The exercise price can be reduced and the vesting schedule can be accelerated by the optionee purchasing and maintaining ownership of shares of common stock and/or the Company achieving performance objectives as determined by the Board of Directors. Based upon the maximum required ownership of common stock as provided in the Stock Option Agreement together with the Company achieving the performance targets previously established by the Board, the option can fully vest after approximately 54 months and the exercise price can be reduced to near the par value of the common stock ($.01 per share). Reference is made to Exhibit 10.12 of the Company's Form 10-K for the year ended May 2, 2009. Under the Company's Key Employee Equity Partnership Program, ("KEEP"), participants receive a grant of KEEP options equal to 50% of the number of shares of National Beverage Corp. common stock purchased in the open market, up to a maximum of 6,000 shares in any two year period. KEEP options are granted at an initial exercise price of sixty percent of the purchase price of the shares acquired and reduce to the par value of the Company's common stock at the end of the six year vesting period. Reference is made to Exhibit 10.14 of the Company's Form 10-K for the year ended May 2, 2009. /s/ Bracken, George R. 2010-01-06 -----END PRIVACY-ENHANCED MESSAGE-----