-----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, Q2VkoeHFJiEc3sxst1vNO1l8pJ2HPdFqREdNmbjLCYIiQTeW2kfSJ6xsJdubfkc1 fE4d9ovQaYwKRf8uJX2v3w== 0001209191-10-040325.txt : 20100730 0001209191-10-040325.hdr.sgml : 20100730 20100730185229 ACCESSION NUMBER: 0001209191-10-040325 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20100728 FILED AS OF DATE: 20100730 DATE AS OF CHANGE: 20100730 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: HATHORN SAMUEL C CENTRAL INDEX KEY: 0001252769 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-14170 FILM NUMBER: 10982401 MAIL ADDRESS: STREET 1: ONE NORTH UNIVERSITY DRIVE STREET 2: BUILDING A, 4TH FLOOR CITY: PLANTATION STATE: FL ZIP: 33324 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 c04079_4x0.xml MAIN DOCUMENT DESCRIPTION X0303 4 2010-07-28 0000069891 NATIONAL BEVERAGE CORP FIZZ 0001252769 HATHORN SAMUEL C 8100 SW 10TH STREET SUITE 4000 PLANTATION FL 33324 1 0 0 0 SPECIAL STOCK OPTION (right to buy) 11.35 2010-07-28 4 A 0 15000 A 2020-07-28 COMMON STOCK 15000 43200 D Options granted under the Company's Special Stock Option Plan vest over an eight 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 (the "Board"). 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 64 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 1, 2010. /s/ Samuel C. Hathorn 2010-07-30 -----END PRIVACY-ENHANCED MESSAGE-----