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):

June 17, 2016

 

 

JACK IN THE BOX INC.

(Exact name of registrant as specified in its charter)

 (Registrant’s telephone number, including area code)

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

|  |  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 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.

 

 

On May 11, 2016, Jack in the Box Inc. (the “Company”) announced that Timothy P. Casey had resigned as Qdoba Brand President, effective June 3, 2016. In connection with Mr. Casey’s separation, the Company has entered into a Separation and Release agreement, providing for him to receive a payment of $200,000 (equivalent to six months’ salary) less payroll deductions, and the Company to pay his COBRA premiums for up to six months, in exchange for Mr. Casey signing a standard release and entering into a non-compete arrangement. The agreement, dated June 10, 2016, became final on June 17, 2016 following expiration of a seven-day revocation period. 

 

A copy of the agreement is filed with this report as Exhibit 99.1. The foregoing description of the terms of the agreement is qualified in its entirety by reference to the full text thereof, which is incorporated by reference herein

ITEM 9.01 EXHIBITS

(d) Exhibits

 

Exhibit No.	Description
99.1	Separation and Release Agreement with Timothy Casey

 

 

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.

		JACK IN THE BOX INC.
	By:	/s/ Jerry P. Rebel
		Jerry P. Rebel
		Executive Vice President
		Chief Financial Officer
		(Principal Financial Officer)
		(Duly Authorized Signatory)
		Date: June 23, 2016