Knecht Edward F 4
4 · NATIONAL BEVERAGE CORP · Filed Apr 1, 2009
Insider Transaction Report
Form 4
Knecht Edward F
Executive VP - Procurement
Transactions
- Exercise of In-Money
KEEP STOCK OPTION
2009-03-30$0.01/sh−120$1→ 22,320 totalExercise: $0.01From: 2008-01-04Exp: 2012-01-03→ COMMON STOCK (120 underlying) - Exercise of In-Money
COMMON STOCK
2009-03-30$0.01/sh+1,320$13→ 74,760 total - Exercise of In-Money
COMMON STOCK
2009-03-30$0.01/sh+240$2→ 73,440 total - Exercise of In-Money
KEEP STOCK OPTION
2009-03-30$0.01/sh−240$2→ 21,960 totalExercise: $0.01From: 2008-03-11Exp: 2012-03-10→ COMMON STOCK (240 underlying) - Exercise of In-Money
COMMON STOCK
2009-03-30$0.01/sh+120$1→ 73,080 total - Exercise of In-Money
KEEP STOCK OPTION
2009-03-30$0.01/sh−1,320$13→ 20,640 totalExercise: $0.01From: 2008-10-31Exp: 2012-10-30→ COMMON STOCK (1,320 underlying)
Footnotes (1)
- [F1]Under the Company's Key Employee Equity Partnership Program ("KEEP"), participants receive a grant of KEEP options equal to 50% of the number of shares of National Beverage Corp. common stock purchased in the open market, up to a maximum of 6,000 shares in any two year period. KEEP options are granted at an initial exercise price of sixty percent of the purchase price of the shares acquired, and reduce to the par value of the Company's common stock at the end of the six year vesting period. Reference is made to Exhibit 10.14 of the Company's Form 10-K for the year ended May 3, 2008.