0001721767-18-000003.txt : 20180516
0001721767-18-000003.hdr.sgml : 20180516
20180516174950
ACCESSION NUMBER: 0001721767-18-000003
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180514
FILED AS OF DATE: 20180516
DATE AS OF CHANGE: 20180516
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Schaefer Claudia
CENTRAL INDEX KEY: 0001721767
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32552
FILM NUMBER: 18841143
MAIL ADDRESS:
STREET 1: 4855 ALLENCREST LN
CITY: DALLAS
STATE: TX
ZIP: 75244
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: JAMBA, INC.
CENTRAL INDEX KEY: 0001316898
STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING & DRINKING PLACES [5810]
IRS NUMBER: 202122262
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1229
BUSINESS ADDRESS:
STREET 1: 3001 DALLAS PARKWAY
STREET 2: SUITE 700
CITY: FRISCO
STATE: TX
ZIP: 75034
BUSINESS PHONE: 469-294-9800
MAIL ADDRESS:
STREET 1: 3001 DALLAS PARKWAY
STREET 2: SUITE 700
CITY: FRISCO
STATE: TX
ZIP: 75034
FORMER COMPANY:
FORMER CONFORMED NAME: Services Acquisition Corp. International
DATE OF NAME CHANGE: 20050207
4
1
edgar.xml
PRIMARY DOCUMENT
X0306
4
2018-05-14
0001316898
JAMBA, INC.
JMBA
0001721767
Schaefer Claudia
3001 DALLAS PARKWAY
SUITE 140
FRISCO
TX
75034
0
1
0
0
SVP, Chief Marketing Officer
Common Stock
2018-05-14
4
A
0
45000
0
A
45000
D
Stock Option (Right to Buy Common Stock)
9.71
2018-05-14
4
A
0
35000
0
A
2028-05-14
Common Stock
35000
35000
D
The securities reported in this column consist of 45,000 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 RSU held and will be settled in shares on the applicable vesting date. Of the 45,000 RSUs, 10,000 are subject to time-based vesting and will vest in equal annual installments on each of November 6, 2018, November 6, 2019, and November 6, 2020. Of the remaining RSUs, 17,500, 10,000 and 7,500 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 three year period beginning on the vesting commencement date, and in each case so long as the Reporting Person remains an employee of JMBA and/or its affiliates.
Inducement grants provided for in Ms. Schaefer's 2017 employment offer letter. With the Company's 2017 10-K filed on May 11, 2018, the Company was able to file the Form S-8 for such inducement grants in order to issue such grants.
Of the 35,000 stock options, one-fourth will vest and become exercisable on each of November 6, 2018, November 6, 2019, November 6, 2020 and November 6, 2021, in each case subject to the Reporting Person's continued employment with JMBA and/or its affiliates.
/s/ Josh Nicosia, as attorney-in-fact for Claudia Schaefer
2018-05-16