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VSI > SEC Filings for VSI > Form 8-K/A on 22-Mar-2013All Recent SEC Filings

Show all filings for VITAMIN SHOPPE, INC. | Request a Trial to NEW EDGAR Online Pro



Other Events

Item 8.01 Other Events.

On March 14, 2013, Louis Weiss, Chief Marketing Officer and Vitamin Shoppe, Inc., a DE corporation (the "Company"), entered into a written stock selling plan designed to comply with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended (the "10b5-1 Plan").

The 10b5-1 Plan allows for the sale of a maximum of 2,819 shares of the Company's common stock. The 10b5-1 Plan allows for sales of specified share amounts at specified prices, subject to specified limitations and minimum price thresholds. Sales pursuant to the 10b5-1 Plan are expected to begin as early as April 6, 2013. The 10b5-1 Plan will terminate on the earlier of (i) the date on which all shares of the Company's common stock subject to the 10b5-1 Plan are sold in accordance with the plan, (ii) the date that Mr. Weiss provides written notice to the broker of termination of the plan or (iii) otherwise in accordance with the termination provisions specified in the plan.

The Company acknowledged that Mr. Weiss entered into the 10b5-1 Plan to sell a sufficient number of shares to cover his withholding tax obligations and related brokerage commissions and fees to be incurred at such time as the restrictions on previously awarded grants of restricted stock units.

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