SEC Form 4 · accession 0001638599-17-000111

JAMBA, INC. · JMBA

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Table I — non-derivative securities

Table II — derivative securities

Explanation of responses

• F1The securities reported in this column include 70,000 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 and will be settled in shares on the applicable vesting date. Of the 70,000 RSUs, 35,000, 20,000 and 15,000 RSUs will vest upon the 30th consecutive trading day the closing price of JMBA common stock equals or exceeds $19.50, $24.00 and $28.50, respectively, or upon a change of control whereby JMBA's stockholders receive a per share consideration equaling or exceeding such target price, so long as the target price is achieved during the thirty month period beginning on the grant date, and in each case so long as the Reporting Person remains an employee of JMBA and/or its affiliates.
• F2The securities reported in this column include 77,501 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 as of the date of this filing.