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 and Exchange Act of 1934
Date of Report (Date of earliest event reported): April 9, 2010
Peet's Coffee & Tea, Inc.
(Exact Name of Registrant as Specified in Its Charter)
Washington (State of Incorporation) | | 0-32233 (Commission File No.) | | 91-0863396 (IRS Employer Identification No.) |
1400 Park Avenue
Emeryville, California 94608-3520
(Address of principal executive offices)
Registrant's telephone number, including area code: (510) 594-2100
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:
| 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 240.14d-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 April 9, 2010, P. Christine Lansing resigned her position as Vice President, General Manager Consumer Business, effective April 30, 2010 and as an employee of Peet's Coffee & Tea, Inc. (the "Company") effective July 5, 2010 to pursue another professional opportunity. Under a letter agreement dated April 9, 2010, following Ms. Lansing’s departure on July 5, 2010, the Company will pay for three months of her COBRA health insurance premiums and for outplacement services or, at Ms. Lansing’s option, make lump sum payments of $3,000 and $10,000, respectively. The letter agreement also contains customary mutual releases.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, Peet's Coffee & Tea, Inc. has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| | Peet's Coffee & Tea, Inc. |
| | | |
Dated: April 13, 2010 | | By: | /s/ Thomas P. Cawley |
| | | Thomas P. Cawley |
| | | Chief Financial Officer |