X0202 3 2007-02-01 0 0001100270 KRISPY KREME DOUGHNUTS INC KKD 0001388654 Wall Michael Bradley 370 KNOLLWOOD STREET SUITE 500 WINSTON-SALEM NC 27103 0 1 0 0 SVP Supply Chain Restricted Stock 20000 D Common Stock 1774.9015 D Employee Stock Option (right to buy) 1.30 2008-08-06 Common Stock 8000 D Employee Stock Option (right to buy) 5.25 2010-04-05 Common Stock 8000 D Employee Stock Option (right to buy) 28.58 2011-08-08 Common Stock 2200 D Employee Stock Option (right to buy) 34.80 2012-08-08 Common Stock 2200 D Employee Stock Option (right to buy) 44.22 2013-08-08 Common Stock 6000 D Employee Stock Option (right to buy) 14.04 2014-08-09 Common Stock 6000 D Employee Stock Option (right to buy) 12.52 2017-02-05 Common Stock 80000 D Includes 450 shares held in a brokerage account, 79.325 shares held in a 401(k) Plan and 1,245.5765 shares held in an Employee Stock Ownership Plan. Option is exercisable in four equal annual installments. As of August 7, 2002, all options are exercisable. Option is exercisable in four equal annual installments. As of April 5, 2004, all options are exercisable. Option is exercisable in four equal annual installments. As of August 8, 2005, all options are exercisable. Option is exercisable in four equal annual installments. As of August 8, 2006, all options are exercisable. Option is exercisable in four equal annual installments. The first installment became exercisable on August 8, 2004, and the second and third installments became exercisable on August 8, 2005 and August 8, 2006, respectively. The last installment becomes exercisable on August 8, 2007. Option is exercisable in four equal annual installments. The first installment became exercisable on August 9, 2005, and the second installment became exercisable on August 9, 2006. The last two installments become exercisable on August 9, 2007, and August 9, 2008, respectively. a) The first 50% of the Options vest on or after 02/05/2009 provided the closing price per share has exceeded $15.02 (or 120% of the Exercise Price) for at least ten (10) consecutive trading days following the Grant Date. b) The remaining 50% of the Options vest on or after 02/05/2009 provided the closing price per share has exceeded $17.53 (or 140% of the Exercise Price) for at least ten (10) consecutive trading days following the Grant Date. /s/Michael Bradley Wall 2007-02-05