SEC Form 4 · accession 0001144204-15-034082
JAMBA, INC. · JMBA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steve Adkins
Officer — SVP/GM, US Stores West
Period of report
May 26, 2015
Accepted (ET)
May 28, 2015 · 4:21 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001316898
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 26, 2015 | M | 4,000 | $8.95 | A | 19,435 | D | |
| Common StockF1 | May 26, 2015 | M | 3,000 | $11.10 | A | 22,435 | D | |
| Common StockF1 | May 26, 2015 | M | 3,000 | $8.05 | A | 25,435 | D | |
| Common StockF1 | May 26, 2015 | M | 2,000 | $9.70 | A | 27,435 | D | |
| Common StockF1 | May 26, 2015 | S | 12,000 | $15.00 | D | 15,435 | D | |
| Common StockF1 | May 26, 2015 | S | 1,031 | $15.016 | D | 14,404 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2 | $8.95 | May 26, 2015 | M | 4,000 | A | — | Nov 16, 2019 | Common Stock | 4,000 | 0 | D |
| Stock Option (Right to Buy)F3 | $11.10 | May 26, 2015 | M | 3,000 | A | — | Nov 12, 2020 | Common Stock | 3,000 | 0 | D |
| Stock Option (Right to Buy)F4 | $8.05 | May 26, 2015 | M | 3,000 | A | — | Nov 14, 2021 | Common Stock | 3,000 | 0 | D |
| Stock Option (Right to Buy)F5 | $9.70 | May 26, 2015 | M | 2,000 | A | — | Nov 6, 2022 | Common Stock | 2,000 | 0 | D |
Explanation of responses
- F1The securities reported in this column consist of 8,500 restricted stock units which give the Reporting Person a contingent right to receive at a future date one share of JMBA common stock for each restricted stock unit held. Of the 8,500 restricted stock units, 833 will vest on 8/6/2015, 1,833 will vest on 8/7/2015, 1,083 will vest on 8/8/2015, 1,833 will vest on 8/7/2016, 1,084 will vest on 8/8/2016, and 1,834 will vest on 8/7/2017.
- F2Vesting occurred in four equal installments on the first, second, third and fourth anniversary of the vesting commencement date of 11/16/2009.
- F3Vesting occurred in four equal installments on the first, second, third and fourth anniversary of the vesting commencement date of 11/12/2010.
- F4Vesting occurs in four equal installments on the first, second, third and fourth anniversary of the vesting commencement date of 11/14/2011.
- F5Vesting occurs in four equal installments on the first, second, third and fourth anniversary of the vesting commencement date of 11/06/2012.