SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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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) April 20, 2005
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JOHN B. SANFILIPPO & SON, INC.
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(Exact Name of Registrant as Specified in its Charter)
Delaware 0-19681 36-2419677
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
2299 Busse Road, Elk Grove Village, Illinois 60007
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code 847-593-2300
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(Former Name or Former Address, if Changed Since Last Report)
John B. Sanfilippo & Son, Inc. (the "Registrant") submits the following
information:
ITEM 1.02. Termination of a Material Definitive Agreement
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On April 20, 2005, the Registrant received notice from Panasonic
Corporation of North America ("Panasonic"), whereby Panasonic has elected
to terminate the Premises B portion of the Warehouse Lease between the
Registrant, as landlord, and Panasonic, as tenant, as of May 31, 2005.
The Premises B portion of the Warehouse Lease, which was filed by the
Registrant as an exhibit to a Current Report on Form 8-K on April
19, 2005, represents 578,302 square feet of the 653,302 total square feet
leased to Panasonic under the Warehouse Lease. The original termination date
of the Premises B portion of the Warehouse Lease was September 1, 2005,
and the scheduled rent payment for such sapce was approximately $333,000
per month. The early termination will allow the Registrant to begin its
facility consolidation project at an earlier date.
As described in greater detail in the Form 8-K filed by the Registrant
on April 19, 2005, the Registrant recently closed on the purchase of
certain real property from Panasonic for approximately $48 million and
has entered into an Office Lease with Panasonic whereby Panasonic continues
to lease back from the Registrant approximately 41% of the space in the
office building purchased by the Registrant. These arrangements are not
affected by the termination of the Premises B portion of the Warehouse
Lease.
SIGNATURE
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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 thereunto duly authorized.
JOHN B. SANFILIPPO & SON, INC.
Date: April 22, 2005 By: /s/ Michael J. Valentine
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Michael J. Valentine
Executive Vice President Finance,
Chief Financial Officer and
Corporate Secretary