Annual Reports

 
Quarterly Reports

 
8-K

  • 8-K (Mar 7, 2018)
  • 8-K (Mar 6, 2018)
  • 8-K (Feb 21, 2018)
  • 8-K (Feb 20, 2018)
  • 8-K (Jan 24, 2018)
  • 8-K (Jan 9, 2018)

 
Other

Cheesecake Factory 8-K 2011

Documents found in this filing:

  1. 8-K
  2. 8-K

 

 

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):

January 6, 2011

 

THE CHEESECAKE FACTORY INCORPORATED

(Exact Name of Registrant as Specified in its Charter)

 

Delaware

 

0-20574

 

51-0340466

(State or other jurisdiction
of incorporation)

 

(Commission File Number)

 

(IRS Employer Identification
No.)

 

26901 Malibu Hills Road

Calabasas Hills, California 91301

(Address of principal executive offices) (Zip Code)

 

Registrant’s telephone number, including area code:

(818) 871-3000

 

Not Applicable

(Former name or former address, if changed since last report)

 

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)

 

o  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14.d-2(b))

 

o  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 



 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On January 6, 2011, the Compensation Committee of the Board of Directors (the “Compensation Committee”) of The Cheesecake Factory Incorporated (the “Company”) approved base salaries for fiscal 2011, effective as of December 29, 2010, the first day of the Company’s 2011 fiscal year, for the following executive officers of the Company:

 

Name

 

Title

 

Base Salary for 2011

 

David Overton

 

Chairman and Chief Executive Officer

 

$

915,000

 

Michael Jannini

 

President

 

$

565,000

 

W. Douglas Benn

 

Executive Vice President and Chief Financial Officer

 

$

423,000

 

Debby R. Zurzolo

 

Executive Vice President, General Counsel and Secretary

 

$

404,500

 

Max Byfuglin

 

President, The Cheesecake Factory Bakery, Inc.

 

$

358,000

 

Cheryl Slomann

 

Vice President, Controller and Chief Accounting Officer

 

$

230,000

 

 

In addition, the Compensation Committee approved grants of equity awards of the Company’s common stock to each of the executive officers under the terms of the Company’s 2010 Stock Incentive Plan, as follows:

 

Name

 

Number of Stock
Options

 

Number of Restricted 
Shares

 

David Overton

 

100,000

 

30,000

 

Michael Jannini

 

20,000

 

8,000

 

W. Douglas Benn

 

15,000

 

6,500

 

Debby R. Zurzolo

 

15,000

 

6,500

 

Max Byfuglin

 

15,000

 

6,500

 

Cheryl Slomann

 

7,500

 

2,500

 

 

The stock options were granted at an exercise price of $31.10 per share which was the closing price for the Company’s common stock on January 6, 2011, the date of grant.  The options vest as to 20% of the shares on each of January 6, 2012, 2013, 2014, 2015 and 2016.  The restricted shares vest as to 60% of the shares on January 6, 2014, and as to 20% of the shares on each of January 6, 2015 and 2016.  Other than the grants to Ms. Slomann, these grants were made pursuant to the terms and conditions of a form of award agreement for executive officers previously approved by the Compensation Committee and filed with the Securities and Exchange Commission as Exhibit 10.1 to the Company’s Quarterly Report on Form 10-Q for the quarter ended September 28, 2010. Ms. Slomann received her grants pursuant to the terms and conditions of a form of award agreement to non-executive officers previously approved by the Compensation Committee.

 

2



 

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.

 

Date:    January 12, 2011

THE CHEESECAKE FACTORY INCORPORATED

 

 

 

 

 

By:

/s/ Debby R. Zurzolo

 

 

Debby R. Zurzolo

 

 

Executive Vice President, General Counsel and Secretary

 

3


Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki