NATIONAL BEVERAGE CORP — Director's Dealing 2015

Jun 12, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NATIONAL BEVERAGE CORP (FIZZ)
CIK: 0000069891
Period of Report: 2015-06-10

Reporting Person: CONLEE CECIL D (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-06-10	KEEP STOCK OPTION	$6.89	A	2200	Acquired	2025-06-10	COMMON STOCK (4400)	Direct

Footnotes

F1: Under the company's Key Employee Equity Partnership Program ("KEEP"), participants receive a grant equal to 50% of the number of shares of the company's common stock purchased on the open market. KEEP options are granted at an initial exercise price of 60% of the purchase price of the shares acquired and such price is reduced to the par value of the common stock over a 6 year vesting period. As a result of open market stock purchases made previously by Mr. Conlee, he was granted KEEP options on June 10, 2015. Reference is made to Exhibit 10.8 of the Company's Form 10-K for the year ended May 3, 2014.