X0306 4 2021-12-07 0000069891 NATIONAL BEVERAGE CORP FIZZ 0001024406 CONLEE CECIL D 8100 SW 10TH STREET SUITE 4000 PLANTATION FL 33324 1 Common Stock 2021-12-07 4 X 0 4400 0.01 A 82080 D Common Stock 2021-12-07 4 X 0 1600 0.01 A 83680 D KEEP STOCK OPTION 0.01 2021-12-07 4 X 0 4400 D 2021-06-10 2025-06-10 Common Stock 4400 43600 D KEEP STOCK OPTION 0.01 2021-12-07 4 X 0 1600 D 2021-09-24 2025-09-24 Common Stock 1600 42000 D Reflects exercise of options granted to Mr. Conlee under the Company's Key Employee Equity Partnership Program ("KEEP") on June 10, 2015. 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 Company's common stock over a six-year vesting period. Reference is made to Exhibit 10.8 of the Company's Form 10-K for the year ended May 1, 2021. Reflects exercise of options granted to Mr. Conlee under the Company's Key Employee Equity Partnership Program ("KEEP") on September 24, 2015. 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 Company's common stock over a six-year vesting period. Reference is made to Exhibit 10.8 of the Company's Form 10-K for the year ended May 1, 2021. /s/ Cecil D. Conlee 2021-12-09