Filing Details

Accession Number:
0000950142-10-000506
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-03-24 13:00:00
Reporting Period:
2010-03-22
Filing Date:
2010-03-24
Accepted Time:
2010-03-24 21:06:24
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1316898 Jamba Inc. JMBA Retail-Eating & Drinking Places (5810) 202122262
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1259062 R Andrew Heyer C/O Mistral Capital Management, Llc
650 Fifth Avenue, 31St Floor
New York NY 10019
Yes No Yes No
1414551 Mistral Equity Partners, Lp 650 Fifth Avenue
New York NY 10019
No No Yes No
1436115 Mistral Equity Gp Llc 650 Fifth Avenue
New York NY 10019
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2010-03-22 165,020 $2.22 1,673,242 No 4 S Indirect See Footnotes
Common Stock Disposition 2010-03-22 121,311 $2.22 1,230,046 No 4 S Direct
Common Stock Disposition 2010-03-22 43,709 $2.22 443,196 No 4 S Direct
Common Stock Disposition 2010-03-22 8,980 $2.22 91,058 No 4 S Direct
Common Stock Disposition 2010-03-23 587,196 $2.22 1,086,046 No 4 S Indirect See Footnotes
Common Stock Disposition 2010-03-23 431,664 $2.22 798,382 No 4 S Direct
Common Stock Disposition 2010-03-23 155,532 $2.22 287,664 No 4 S Direct
Common Stock Disposition 2010-03-23 31,956 $2.22 59,102 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See Footnotes
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Indirect See Footnotes
No 4 S Direct
No 4 S Direct
No 4 S Direct
Footnotes
  1. The price shown in Column 4 is a weighted average sale price. The price range for the sales is $2.22 to $2.23. The Reporting Persons (as defined below) undertake to provide upon request by the staff of the Securities and Exchange Commission, Jamba, Inc. (the "Issuer") or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
  2. Mistral Equity GP, LLC ("ME GP") is the general partner of (i) Mistral Equity Partners, LP ("MEP), a Delaware limited partnership and (ii) Mistral Equity Partners QP, LP ("MEP QP"), a Delaware limited partnership. Andrew R. Heyer ("Mr. Heyer"), who became a director of the Issuer on June 16, 2009, is the chief executive officer, sole managing member and a managing director of ME GP.
  3. Mr. Heyer is the sole managing member of MEP Co-Invest, LLC ("MEP C-I"), a Delaware limited liability company. Mr. Heyer, ME GP and MEP are referred to herein as the "Reporting Persons."
  4. Represents 121,311 shares of Common Stock sold by MEP and 43,709 shares of Common Stock sold by MEP QP. After the sales, ME GP owned indirectly 1,673,242 shares of the Issuer's Common Stock.
  5. Represents 121,311 shares of Common Stock sold by MEP. After the sale, MEP owned directly 1,230,046 shares of the Issuer's Common Stock.
  6. Represents 43,709 shares of Common Stock sold by MEP QP. After the sale, MEP QP owned directly 443,196 shares of the Issuer's Common Stock.
  7. Represents 8,980 shares of Common Stock sold by MEP C-I. After the sale, MEP C-1 owned directly 91,058 shares of the Issuer's Common Stock.
  8. Represents 431,664 shares of Common Stock sold by MEP and 155,532 shares of Common Stock sold by MEP QP. After the sale, ME GP owns indirectly 1,086,046 shares of the Issuer's Common Stock.
  9. Represents 431,664 shares of Common Stock sold by MEP. After the sale, MEP owns directly 798,382 shares of the Issuer's Common Stock.
  10. Represents 155,532 shares of Common Stock sold by MEP QP. After the sale, MEP QP owns directly 287,664 shares of the Issuer's Common Stock.
  11. Represents 31,956 shares of Common Stock sold by MEP C-I. After the sale, MEP C-1 owns directly 59,102 shares of the Issuer's Common Stock.
  12. Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.