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):
May 4, 2012
Jamba, Inc.
(Exact name of registrant as specified in its charter)
| Delaware | 001-32552 | 20-2122262 | ||
| (State or other jurisdiction of incorporation) |
(Commission File No.) |
(I.R.S. Employer Identification No.) |
6475 Christie Avenue, Suite 150, Emeryville, California 94608
(Address of principal executive offices)
Registrant’s telephone number, including area code:
(510) 596-0100
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:
| ¨ | 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)) |
| Item 2.02 | Results of Operations and Financial Condition. |
On May 7, 2012, Jamba, Inc. (the “Company”) issued a press release announcing its financial results for the first quarter ended April 3, 2012. A copy of the Company’s press release is attached hereto as Exhibit 99.1.
| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
| (e) | James White Salary Increase |
On May 4, 2012 the Compensation and Executive Development Committee of the Board of Directors of the Company increased the annual salary of Mr. James White, President and Chief Executive Officer of the Company, by $25,000 to $575,000, effective as of April 25, 2012. Mr. White’s salary had not increased since he joined the Company in 2008. The remaining terms of Mr. White’s employment continue to be governed by that certain executive employment agreement entered into between Jamba Juice Company and Mr. White as of November 17, 2008, the form of which is filed as Exhibit 10.1 to the current report on Form 8-K filed with the Securities and Exchange Commission on November 17, 2008 and incorporated herein by reference.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits.
| Exhibit |
Description | |
| 99.1 | Press release dated May 7, 2012, regarding the financial results for the first quarter ended April 3, 2012. | |
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.
| JAMBA, INC. | ||||
| Date: May 7, 2012 | By: | /s/ Karen L. Luey | ||
| Karen L. Luey Chief Financial Officer, Chief Administrative Officer, Executive Vice President and Secretary | ||||