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