X0306 4 2013-06-10 0000069891 NATIONAL BEVERAGE CORP FIZZ 0001024406 CONLEE CECIL D 8100 SW 10TH STREET SUITE 4000 PLANTATION FL 33324 1 KEEP STOCK OPTION 6.12 2013-06-10 4 A 0 1500 0 A 2019-06-10 2023-06-09 COMMON STOCK 1500 17500 D KEEP STOCK OPTION 5.98 2013-06-10 4 A 0 1200 0 A 2019-06-10 2023-06-09 COMMON STOCK 1200 18700 D KEEP STOCK OPTION 6.89 2013-06-10 4 A 0 300 0 A 2019-06-10 2023-06-09 COMMON STOCK 300 19000 D Under the company's Key Employee Equity Partnership Program ("KEEP") participants receive a grant equal to 50% of the number of shares of the company's common stock purchased on the open market. KEEP options are granted at an initial exercise price of 60% of the purchase price of the shares acquired and such price is reduced to the par value of the common stock over a 6 year vesting period. As a result of open market stock purchases made by Mr. Conlee between April 2009 and January 2010, he was granted KEEP options on June 10, 2013. Reference is made to Exhibit 10.8 of the company's 10-k for the year ended April 28, 2012. /s/ Cecil D. Conlee 2013-06-12