form8k08477002_12232015.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 21, 2015
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(Exact name of registrant as specified in its charter)
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(State or other jurisdiction
of incorporation)
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(Commission
File Number)
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(IRS Employer
Identification No.)
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One Jericho Plaza, Jericho, New York
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(Address of principal executive offices)
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(Zip Code)
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Registrant’s telephone number, including area code: (516) 338-8500
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(Former name or former address, if changed since last report.)
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
On March 10, 2015, the Board of Directors of Nathan’s Famous, Inc., (“Nathan’s”) declared a special cash dividend of $25.00 per share payable on March 27, 2015 to its shareholders of record as of March 20, 2015. On May 11, 2015, Nathan’s filed a Current Report on Form 8-K which stated that of the $25.00 per share distribution, Nathan’s expected between $10.00 to $11.00 per share to be characterized as a taxable dividend, and the remaining amount of the distribution to be characterized as a return of capital.
Having completed the analysis, Nathan’s determined that $10.95 per share will be characterized as a taxable dividend, with the remaining amount of the distribution characterized as a return of capital. The tax characterization of the distribution will be reported to stockholders on Form 1099-DIV which will be issued shortly after the end of the 2015 calendar year. Nathan’s will be posting on its Investor Relations website (www.nathansfamous.com) a final IRS FORM 8937 “Report of Organizational Actions Affecting Basis of Securities” which provides a more detailed explanation of the tax consequences to stockholders. Stockholders should consult their tax advisors regarding the tax effects of the special cash dividend to them.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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December 23, 2015
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NATHAN’S FAMOUS, INC.
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By:
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Name:
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Ronald DeVos
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Title:
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Vice President Finance and Chief Financial Officer (Principal Financial Officer and Accounting Officer)
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