UNITED STATES SECURITIES AND EXCHANGE COMMISSION
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o
NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.
* The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP No. |
800422 10 7 |
1 | NAMES OF REPORTING PERSONS. Jasper B. Sanfilippo |
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I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) |
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2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |
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(a) þ** | ||||||||||||
(b) o ** The reporting persons making this filing hold an aggregate of 1,768,496 shares of Class A Stock and 92,886 shares of Common Stock, which in the aggregate represents 52.2% of the voting power of the Company's common equity. The reporting person on this cover page, however, is a beneficial owner of only the securities reported by it on this cover page. |
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3 | SEC USE ONLY | |||||||||||
4 | SOURCE OF FUNDS* | |||||||||||
Not Applicable | ||||||||||||
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | |||||||||||
o | ||||||||||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | |||||||||||
United States | ||||||||||||
7 | SOLE VOTING POWER | (Represents (a) 1,360,731 shares of Class A Stock, $.01 par value per share, which is convertible into Common Stock, par value $.01 per share, held directly by Mr. Sanfilippo, (b) 163,045 shares of Class A Stock held by Mr. Sanfilippo as Trustee of certain trusts, the beneficiaries of which are Mr. Sanfilippos children and (c) 21,000 shares of Common Stock held directly by Mr. Sanfilippo.) | ||||||||||
NUMBER OF | 1,544,776 | |||||||||||
SHARES | 8 | SHARED VOTING POWER | (Represents shares of Common Stock held by Mr. Sanfilippo as Co-trustee of the Sanfilippo Family Education Trust.) | |||||||||
BENEFICIALLY | ||||||||||||
OWNED BY | 18,832 | |||||||||||
EACH | 9 | SOLE DISPOSITIVE POWER | ||||||||||
REPORTING | ||||||||||||
PERSON | 1,544,776 | |||||||||||
WITH | 10 | SHARED DISPOSITIVE POWER | ||||||||||
18,832 | ||||||||||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | |||||||||||
1,563,608 | ||||||||||||
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* | |||||||||||
o | ||||||||||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | |||||||||||
16.2% (44.8% of combined voting power) | ||||||||||||
14 | TYPE OF REPORTING PERSON* | |||||||||||
IN |
2
CUSIP No. |
800422 10 7 |
1 | NAMES OF REPORTING PERSONS. Marian R. Sanfilippo |
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I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) |
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2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |
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(a) þ** | ||||||||||||
(b) o ** The reporting persons making this filing hold an aggregate of 1,768,496 shares of Class A Stock and 92,886 shares of Common Stock, which in the aggregate represents 52.2% of the voting power of the Company's common equity. The reporting person on this cover page, however, is a beneficial owner of only the securities reported by it on this cover page. |
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3 | SEC USE ONLY | |||||||||||
4 | SOURCE OF FUNDS* | |||||||||||
Not Applicable | ||||||||||||
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | |||||||||||
o | ||||||||||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | |||||||||||
United States | ||||||||||||
7 | SOLE VOTING POWER | (Includes (a) 24,500 shares of Class A Stock, $.01 par value per share, which is convertible into Common Stock, par value $.01 per share, and (b) 8,152 shares of Common Stock, all of which are held directly by Mrs. Sanfilippo.) | ||||||||||
NUMBER OF | 32,652 | |||||||||||
SHARES | 8 | SHARED VOTING POWER | (Represents (a) 18,832 shares of Common Stock held by Mrs. Sanfilippo as Co-trustee of the Sanfilippo Family Education Trust and (b) 220,220 shares of Class A Stock held by Mrs. Sanfilippo as Co-trustee of certain trusts, the beneficiaries of which are Mrs. Sanfilippos children.) | |||||||||
BENEFICIALLY | ||||||||||||
OWNED BY | 239,052 | |||||||||||
EACH | 9 | SOLE DISPOSITIVE POWER | ||||||||||
REPORTING | ||||||||||||
PERSON | 32,652 | |||||||||||
WITH | 10 | SHARED DISPOSITIVE POWER | ||||||||||
239,052 | ||||||||||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | |||||||||||
271,704 | ||||||||||||
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* | |||||||||||
o | ||||||||||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | |||||||||||
3.3% (7.3% of combined voting power) | ||||||||||||
14 | TYPE OF REPORTING PERSON* | |||||||||||
IN |
3
CUSIP No. |
800422 10 7 |
1 | NAMES OF REPORTING PERSONS. Jeffrey T. Sanfilippo |
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I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) |
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2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |
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(a) þ** | ||||||||||||
(b) o ** The reporting persons making this filing hold an aggregate of 1,768,496 shares of Class A Stock and 92,886 shares of Common Stock, which in the aggregate represents 52.2% of the voting power of the Company's common equity. The reporting person on this cover page, however, is a beneficial owner of only the securities reported by it on this cover page. |
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3 | SEC USE ONLY | |||||||||||
4 | SOURCE OF FUNDS* | |||||||||||
Not Applicable | ||||||||||||
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | |||||||||||
o | ||||||||||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | |||||||||||
United States | ||||||||||||
7 | SOLE VOTING POWER | (Represents 10,000 shares of Common Stock held by Mr. Sanfilippo directly and options to purchase 3,375 shares of Common Stock) | ||||||||||
NUMBER OF | 13,375 | |||||||||||
SHARES | 8 | SHARED VOTING POWER | (Represents (a) 18,832 shares of Common Stock held by Mr. Sanfilippo as Co-trustee of the Sanfilippo Family Education Trust and (b) 44,044 shares of Class A Stock, $.01 par value per share, which is convertible into Common Stock, par value $.01 per share, held by Mr. Sanfilippo as Co-trustee of the Jeffrey T. Sanfilippo Irrevocable Trust, dated October 6, 2006) | |||||||||
BENEFICIALLY | ||||||||||||
OWNED BY | 62,876 | |||||||||||
EACH | 9 | SOLE DISPOSITIVE POWER | ||||||||||
REPORTING | ||||||||||||
PERSON | 13,375 | |||||||||||
WITH | 10 | SHARED DISPOSITIVE POWER | ||||||||||
62,876 | ||||||||||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | |||||||||||
76,251 | ||||||||||||
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* | |||||||||||
o | ||||||||||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | |||||||||||
0.9% (1.4% of combined voting power) | ||||||||||||
14 | TYPE OF REPORTING PERSON* | |||||||||||
IN |
4
CUSIP No. |
800422 10 7 |
1 | NAMES OF REPORTING PERSONS. Jasper B. Sanfilippo, Jr. |
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I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) |
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2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |
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(a) þ** | ||||||||||||
(b) o ** The reporting persons making this filing hold an aggregate of 1,768,496 shares of Class A Stock and 92,886 shares of Common Stock, which in the aggregate represents 52.2% of the voting power of the Company's common equity. The reporting person on this cover page, however, is a beneficial owner of only the securities reported by it on this cover page. |
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3 | SEC USE ONLY | |||||||||||
4 | SOURCE OF FUNDS* | |||||||||||
Not Applicable | ||||||||||||
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | |||||||||||
o | ||||||||||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | |||||||||||
United States | ||||||||||||
7 | SOLE VOTING POWER | (Represents options to purchase 3,375 shares of Common Stock) | ||||||||||
NUMBER OF | 3,375 | |||||||||||
SHARES | 8 | SHARED VOTING POWER | (Represents 44,044 shares of Class A Stock, $.01 par value per share, which is convertible into Common Stock, par value $.01 per share, held by Mr. Sanfilippo as Co-trustee of the Jasper B. Sanfilippo Irrevocable Trust, dated October 6, 2006) | |||||||||
BENEFICIALLY | ||||||||||||
OWNED BY | 44,044 | |||||||||||
EACH | 9 | SOLE DISPOSITIVE POWER | ||||||||||
REPORTING | ||||||||||||
PERSON | 3,375 | |||||||||||
WITH | 10 | SHARED DISPOSITIVE POWER | ||||||||||
44,044 | ||||||||||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | |||||||||||
47,419 | ||||||||||||
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* | |||||||||||
o | ||||||||||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | |||||||||||
0.6% (1.3% of combined voting power) | ||||||||||||
14 | TYPE OF REPORTING PERSON* | |||||||||||
IN |
5
CUSIP No. |
800422 10 7 |
1 | NAMES OF REPORTING PERSONS. John E. Sanfilippo |
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I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) |
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2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |
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(a) þ** | ||||||||||||
(b) o ** The reporting persons making this filing hold an aggregate of 1,768,496 shares of Class A Stock and 92,886 shares of Common Stock, which in the aggregate represents 52.2% of the voting power of the Company's common equity. The reporting person on this cover page, however, is a beneficial owner of only the securities reported by it on this cover page. |
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3 | SEC USE ONLY | |||||||||||
4 | SOURCE OF FUNDS* | |||||||||||
Not Applicable | ||||||||||||
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | |||||||||||
o | ||||||||||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | |||||||||||
United States | ||||||||||||
7 | SOLE VOTING POWER | (Represents 28,152 shares of Common Stock owned directly by Mr. Sanfilippo.) | ||||||||||
NUMBER OF | 28,152 | |||||||||||
SHARES | 8 | SHARED VOTING POWER | (Represents 44,044 shares of Class A Stock, $.01 par value per share, which is convertible into Common Stock, par value $.01 per share, held by Mr. Sanfilippo as Co-trustee of the John E. Sanfilippo Irrevocable Trust, dated October 6, 2006) | |||||||||
BENEFICIALLY | ||||||||||||
OWNED BY | 44,044 | |||||||||||
EACH | 9 | SOLE DISPOSITIVE POWER | ||||||||||
REPORTING | ||||||||||||
PERSON | 28,152 | |||||||||||
WITH | 10 | SHARED DISPOSITIVE POWER | ||||||||||
44,044 | ||||||||||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | |||||||||||
72,196 | ||||||||||||
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* | |||||||||||
o | ||||||||||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | |||||||||||
0.9% (1.4% of combined voting power) | ||||||||||||
14 | TYPE OF REPORTING PERSON* | |||||||||||
IN |
6
CUSIP No. |
800422 10 7 |
1 | NAMES OF REPORTING PERSONS. James J. Sanfilippo |
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I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) |
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2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |
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(a) þ** | ||||||||||||
(b) o ** The reporting persons making this filing hold an aggregate of 1,768,496 shares of Class A Stock and 92,886 shares of Common Stock, which in the aggregate represents 52.2% of the voting power of the Company's common equity. The reporting person on this cover page, however, is a beneficial owner of only the securities reported by it on this cover page. |
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3 | SEC USE ONLY | |||||||||||
4 | SOURCE OF FUNDS* | |||||||||||
Not Applicable | ||||||||||||
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | |||||||||||
o | ||||||||||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | |||||||||||
United States | ||||||||||||
7 | SOLE VOTING POWER | |||||||||||
NUMBER OF | 0 | |||||||||||
SHARES | 8 | SHARED VOTING POWER | (Represents 44,044 shares of Class A Stock, $.01 par value per share, which is convertible into Common Stock, par value $.01 per share, held by Mr. Sanfilippo as Co-trustee of the James J. Sanfilippo Irrevocable Trust, dated October 6, 2006.) | |||||||||
BENEFICIALLY | ||||||||||||
OWNED BY | 44,044 | |||||||||||
EACH | 9 | SOLE DISPOSITIVE POWER | ||||||||||
REPORTING | ||||||||||||
PERSON | 0 | |||||||||||
WITH | 10 | SHARED DISPOSITIVE POWER | ||||||||||
44,044 | ||||||||||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | |||||||||||
44,044 | ||||||||||||
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* | |||||||||||
o | ||||||||||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | |||||||||||
.5% (1.3% of combined voting power) | ||||||||||||
14 | TYPE OF REPORTING PERSON* | |||||||||||
IN |
7
CUSIP No. |
800422 10 7 |
1 | NAMES OF REPORTING PERSONS. Lisa A Evon |
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I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) |
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2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |
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(a) þ** | ||||||||||||
(b) o ** The reporting persons making this filing hold an aggregate of 1,768,496 shares of Class A Stock and 92,886 shares of Common Stock, which in the aggregate represents 52.2% of the voting power of the Company's common equity. The reporting person on this cover page, however, is a beneficial owner of only the securities reported by it on this cover page. |
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3 | SEC USE ONLY | |||||||||||
4 | SOURCE OF FUNDS* | |||||||||||
Not Applicable | ||||||||||||
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | |||||||||||
o | ||||||||||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | |||||||||||
United States | ||||||||||||
7 | SOLE VOTING POWER | |||||||||||
NUMBER OF | 0 | |||||||||||
SHARES | 8 | SHARED VOTING POWER | (Represents 44,044 shares of Class A Stock, $.01 par value per share, which is convertible into Common Stock, par value $.01 per share, held by Ms. Evon as Co-trustee of the Lisa A. Evon Irrevocable Trust, dated October 6, 2006.) | |||||||||
BENEFICIALLY | ||||||||||||
OWNED BY | 44,044 | |||||||||||
EACH | 9 | SOLE DISPOSITIVE POWER | ||||||||||
REPORTING | ||||||||||||
PERSON | 0 | |||||||||||
WITH | 10 | SHARED DISPOSITIVE POWER | ||||||||||
44,044 | ||||||||||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | |||||||||||
44,044 | ||||||||||||
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* | |||||||||||
o | ||||||||||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | |||||||||||
0.5% (1.3% of combined voting power) | ||||||||||||
14 | TYPE OF REPORTING PERSON* | |||||||||||
IN |
8
Shareholder / Address | Occupation / Employment / Business Address | |
Jasper B. Sanfilippo Individually, as Co-trustee of the Sanfilippo Family Education Trust, and as Trustee of certain trusts, the beneficiaries of which are Mr. Sanfilippos children. 1703 North Randall Road Elgin, IL 60123 |
Chairman of the Board of Directors of the
Company 1703 North Randall Road Elgin, IL 60123 |
|
Marian R. Sanfilippo Individually, as Co-trustee of the Sanfilippo Family Education Trust, and as Co-trustee of certain trusts, the beneficiaries of which are Mr. Sanfilippos children. 1703 North Randall Road Elgin, IL 60123 |
None | |
Jeffrey T. Sanfilippo Individually, as Co-trustee of the Sanfilippo Family Education Trust and as Co-trustee of the Jeffrey T. Sanfilippo Irrevocable Trust, dated October 6, 2006 1703 North Randall Road Elgin, IL 60123 |
Director and Chief Executive Officer of
the Company 1703 North Randall Road Elgin, IL 60123 |
9
Shareholder / Address | Occupation / Employment / Business Address | |
Jasper B. Sanfilippo, Jr. Individually and as Co-trustee of the Jasper B. Sanfilippo Irrevocable Trust, dated October 6, 2006 1703 North Randall Road Elgin, IL 60123 |
Director and Chief Operating Officer and President of the Company 1703 North Randall Road Elgin, IL 60123 |
|
John E. Sanfilippo Individually and as Co-trustee of the John E. Sanfilippo Irrevocable Trust, dated October 6, 2006 1703 North Randall Road Elgin, IL 60123 |
Group President of Corporate Engineering MAP Equipment Systems, a division of Clear Lam Packaging 1950 Pratt Boulevard Elk Grove Village, 60007 |
|
James J. Sanfilippo Co-trustee of the James J. Sanfilippo Irrevocable Trust, dated October 6, 2006 1703 North Randall Road Elgin, IL 60123 |
President, Clear Lam Packaging 1950 Pratt Boulevard Elk Grove Village, 60007 |
|
Lisa A. Evon Co-trustee of the Lisa A. Evon Irrevocable Trust, dated October 6, 2006 1703 North Randall Road Elgin, IL 60123 |
Business Manager of the Company 1703 North Randall Road Elgin, IL 60123 |
(a) | Transfer of shares from the 2004 Trusts to the 2006 Trusts |
10
11
Shared | ||||||||||||||||||||||||||||
Sole Voting | Voting | Sole Voting | Shared | |||||||||||||||||||||||||
and | and | and | Voting and | Total | ||||||||||||||||||||||||
Dispositive | Dispositive | Total | Dispositive | Dispositive | Percent | Voting | ||||||||||||||||||||||
Power of | Power of | Percent | Power of | Power of | of | Power of | ||||||||||||||||||||||
Reporting | Class A | Class A | of Class | Common | Common | Common | Common | |||||||||||||||||||||
Person | Stock | Stock1 | A Stock | Stock | Stock2 | Stock3 | Equity4 | |||||||||||||||||||||
Jasper B. Sanfilippo |
1,523,776 | 0 | 58.7 | % | 21,000 | 18,832 | 16.2 | % | 44.8 | % | ||||||||||||||||||
Marian R. Sanfilippo |
24,500 | 220,220 | 9.4 | % | 8,152 | 18,832 | 3.3 | % | 7.3 | % | ||||||||||||||||||
Jeffrey T.
Sanfilippo |
0 | 44,044 | 1.7 | % | 13,375 | 18,832 | 0.9 | % | 1.4 | % | ||||||||||||||||||
Jasper B. Sanfilippo |
0 | 44,044 | 1.7 | % | 3,375 | | 0.6 | % | 1.3 | % | ||||||||||||||||||
John E. Sanfilippo |
0 | 44,044 | 1.7 | % | 28,152 | | 0.9 | % | 1.4 | % | ||||||||||||||||||
James J. Sanfilippo |
0 | 44,044 | 1.7 | % | | | 0.5 | % | 1.3 | % | ||||||||||||||||||
Lisa A. Evon |
0 | 44,044 | 1.7 | % | | | 0.5 | % | 1.3 | % | ||||||||||||||||||
Total |
1,548,276 | 220,220 | 68.1 | % | 74,054 | 18,832 | 18.8 | % | 52.2 | % | ||||||||||||||||||
1 | Marian R. Sanfilippo shares voting and dispositive power over 220,220 shares of Class A Stock as Co-Trustee of each of the 2006 Trusts. Jeffrey T. Sanfilippo, Jasper B. Sanfilippo, John E. Sanfilippo, James J. Sanfilippo and Lisa A. Evon each share the voting and dispositive power with their mother, Marian R. Sanfilippo over the shares of Class A Stock held in the 2006 Trust for which they are the beneficiary. | |
2 | Jasper B. Sanfilippo, Marian R. Sanfilippo and Jeffrey T. Sanfilippo share voting and dispositive power over 18,832 shares of Common Stock as Co-trustees of the Sanfilippo Family Education Trust. | |
3 | The percentage of Common Stock beneficially owned by each Reporting Person assumes the conversion of all shares of Class A Stock held by such Reporting Person into an equal number of shares of Common Stock. | |
4 | The percentage of common equity beneficially owned by each Reporting Person assumes no conversion of Class A Stock into Common Stock and is calculated based on voting power of ten votes per share of Class A Stock. |
The Reporting Persons identified in Item 2 above have effected the following transactions in the Common Stock of the Company since the 2004 Schedule 13D was filed: |
| On October 29, 2004 the Company granted each of Jeffrey T. Sanfilippo and Jasper B. Sanfilippo, Jr. vested options to purchase 2,500 shares of Common Stock with an exercise price of $19.833 per share. On August 29, 2005, the Company granted each of Jeffrey T. Sanfilippo and Jasper B. Sanfilippo, Jr. vested options to purchase 875 shares of Common Stock with an exercise price of $20.306 per share. The aforementioned grants were part of Jeffrey T. Sanfilippos and Jasper B. Sanfilippo, |
12
Jr.s compensation, and, accordingly, the grants were reviewed and approved by the companys Compensation, Nominating and Governance Committee. |
(d) | Not applicable. | |
(e) | Not applicable. |
(a) | Pursuant to the Restated Certificate, among other things: |
(i) | So long as there is Class A Stock outstanding, holders of Common Stock and Class A Stock will vote together as one class with respect to all matters to be voted on by JBSSs stockholders, except (a) as required by law; (b) in connection with the election of any directors or class of directors elected by any series or class of preferred stock; or (c) the holders of Common Stock and any class or series of preferred stock granted the right to so vote, voting together as a separate class and excluding the holders of Class A Stock, are entitled to elect a number of directors equal to one-fourth (1/4) of the total number of directors constituting the entire Board of Directors while the holders of Class A Stock are entitled to elect the rest of the directors; | ||
(ii) | Each record holder of Class A Stock is entitled at any time to convert any or all of the shares of such Class A Stock into an equal number of shares of Common Stock; | ||
(iii) | Upon the sale, assignment, pledge or other transfer of any shares or any interest in shares of Class A Stock, other than a Permitted Transfer as described in Part 4(b) of Subdivision II of the Restated Certificate, all such transferred shares of Class A Stock will be automatically converted into an equal number of shares of Common Stock; | ||
(iv) | All outstanding shares of Class A Stock will be automatically converted into an equal number of shares of Common Stock upon the date on which the number of outstanding shares of Class A Stock constitutes less than 12.5% of the total number of outstanding shares of Common Equity. |
Trust | Grantor and Beneficiary | Number of Shares | ||||
James J. Sanfilippo
Trust Agreement, dated
September 26, 1991
|
James J. Sanfilippo | 32,609 | ||||
Jasper B. Sanfilippo
Trust Agreement, dated
September 23, 1991
|
Jasper B. Sanfilippo | 32,609 | ||||
Lisa Ann Sanfilippo
Trust Agreement, dated
October 4, 1991
|
Lisa A. Evon (formerly Lisa Ann Sanfilippo) | 32,609 |
13
Trust | Grantor and Beneficiary | Number of Shares | ||||
Jeffrey T. Sanfilippo
Trust Agreement, dated
October 7, 1991
|
Jeffrey T. Sanfilippo | 32,609 | ||||
John E. Sanfilippo
Trust Agreement, dated
October 2, 1991
|
John E. Sanfilippo | 32,609 |
Number | ||||||||||
of | ||||||||||
Trust | Trustees | Grantor | Beneficiary | Shares | ||||||
Jeffrey T.
Sanfilippo Irrevocable Trust, dated October 6, 2006 |
Jeffrey T. Sanfilippo and Marian R. Sanfilippo |
Jasper B. Sanfilippo | Jeffrey T. Sanfilippo | 44,044 | ||||||
Jasper B.
Sanfilippo Irrevocable Trust, dated October 6, 2006 |
Jasper B.
Sanfilippo, Jr. and Marian R. Sanfilippo |
Jasper B. Sanfilippo | Jasper B. Sanfilippo, Jr. | 44,044 | ||||||
John E. Sanfilippo Irrevocable Trust, dated October 6, 2006 |
John E. Sanfilippo and Marian R. Sanfilippo |
Jasper B. Sanfilippo | John E. Sanfilippo | 44,044 | ||||||
James J. Sanfilippo Irrevocable Trust, dated October 6, 2006 |
James J. Sanfilippo and Marian R. Sanfilippo |
Jasper B. Sanfilippo | James J. Sanfilippo | 44,044 | ||||||
Lisa A. Evon Irrevocable Trust, dated October 6, 2006 |
Lisa A. Evon and Marian R. Sanfilippo |
Jasper B. Sanfilippo | Lisa A. Evon | 44,044 |
14
15
JASPER B. SANFILIPPO | ||||||
By: | /s/ JASPER B. SANFILIPPO | |||||
Jasper B. Sanfilippo, both Individually, as Co-trustee of the Sanfilippo Family Education Trust and as Trustee of the James J. Sanfilippo Trust Agreement, dated September 26, 1991, the Jasper B. Sanfilippo Trust Agreement, dated September 23, 1991, the Lisa Ann Sanfilippo Trust Agreement, dated October 4, 1991, the Jeffrey T. Sanfilippo Trust Agreement, dated October 7, 1991 and the John E. Sanfilippo Trust Agreement, dated October 2, 1991 | ||||||
MARIAN R. SANFILIPPO | ||||||
By: | /s/ MARIAN R. SANFILIPPO | |||||
Marian R. Sanfilippo, both Individually, as Co-trustee of the Sanfilippo Family Education Trust and as Co-trustee for each of the Jeffrey T. Sanfilippo Irrevocable Trust, dated October 6, 2006, the Jasper B. Sanfilippo Irrevocable Trust, dated October 6, 2006, the John E. Sanfilippo Irrevocable Trust, dated October 6, 2006, the James J. Sanfilippo Irrevocable Trust, dated October 6, 2006, and the Lisa A. Evon Irrevocable Trust, dated October 6, 2006 | ||||||
JEFFREY T. SANFILIPPO | ||||||
By: | /s/ JEFFREY T. SANFILIPPO | |||||
Jeffrey T. Sanfilippo, both Individually and as Co-trustee of the Sanfilippo Family Education Trust and as Co-trustee of the Jeffrey T. Sanfilippo Irrevocable Trust, dated October 6, 2006 |
16
JOHN E. SANFILIPPO | ||||||
By: | /s/ JOHN E. SANFILIPPO | |||||
John E. Sanfilippo, both Individually and as Co-trustee of the John E. Sanfilippo Irrevocable Trust, dated October 6, 2006 | ||||||
JASPER B. SANFILIPPO, JR. | ||||||
By: | /s/ JASPER B. SANFILIPPO, JR. | |||||
Jasper B. Sanfilippo, Jr. both Individually and as Co-trustee of the Jasper B. Sanfilippo Irrevocable Trust, dated October 6, 2006 | ||||||
JAMES J. SANFILIPPO | ||||||
By: | /s/ JAMES J. SANFILIPPO | |||||
James J. Sanfilippo, as Co-trustee of the James J. Sanfilippo Irrevocable Trust, dated October 6, 2006 | ||||||
LISA A. EVON | ||||||
By: | /s/ LISA A. EVON | |||||
Lisa A. Evon, as Co-trustee of the Lisa A. Evon Irrevocable Trust, dated dated October 6, 2006 |
17
JASPER B. SANFILIPPO |
||||
By: | /s/ JASPER B. SANFILIPPO | |||
Jasper B. Sanfilippo, both Individually, as | ||||
Trustee of the Sanfilippo Family Education Trust and as Trustee of the James J. Sanfilippo Trust Agreement, dated September 26, 1991, the Jasper B. Sanfilippo Trust Agreement, dated September 23, 1991, the Lisa Ann Sanfilippo Trust Agreement, dated October 4, 1991, the Jeffrey T. Sanfilippo Trust Agreement, dated October 7, 1991 and the John E. Sanfilippo Trust Agreement, dated October 2, 1991 | ||||
MARIAN R. SANFILIPPO |
||||
By: | /s/ MARIAN R. SANFILIPPO | |||
Marian R. Sanfilippo, both Individually, as | ||||
Trustee of the Sanfilippo Family Education Trust and as Co-trustee of the Jeffrey T. Sanfilippo Irrevocable Trust, dated October 6, 2006, the Jasper B. Sanfilippo Irrevocable Trust, dated October 6, 2006, the John E. Sanfilippo Irrevocable Trust, dated October 6, 2006, the James J. Sanfilippo Irrevocable Trust, dated October 6, 2006, and the Lisa A. Evon Irrevocable Trust, dated October 6, 2006 |
JEFFREY T. SANFILIPPO |
||||
By: | /s/ JEFFREY T. SANFILIPPO | |||
Jeffrey T. Sanfilippo, both Individually | ||||
and as Trustee of the Sanfilippo Family Education Trust and as Co-trustee of the Jeffrey T. Sanfilippo Irrevocable Trust, dated October 6, 2006 | ||||
JOHN E. SANFILIPPO |
||||
By: | /s/ JOHN E. SANFILIPPO | |||
John E. Sanfilippo, both Individually and | ||||
as Co-trustee of the John E. Sanfilippo Irrevocable Trust, dated October 6, 2006 | ||||
JASPER B. SANFILIPPO |
||||
By: | /s/ JASPER B. SANFILIPPO | |||
Jasper B. Sanfilippo, both Individually and | ||||
as Co-trustee of the Jasper B. Sanfilippo Irrevocable Trust, dated October 6, 2006 | ||||
JAMES J. SANFILIPPO |
||||
By: | /s/ JAMES J. SANFILIPPO | |||
James J. Sanfilippo, as Co-trustee of the | ||||
James J. Sanfilippo Irrevocable Trust, dated October 6, 2006 | ||||
LISA A. EVON |
||||
By: | /s/ LISA A. EVON | |||
Lisa A. Evon, as Co-trustee of the Lisa A. | ||||
Evon Irrevocable Trust, dated dated October 6, 2006 | ||||