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J & J Snack Foods Corp. (NASDAQ: JJSF) announced today that Gerald B. Shreiber, its founder, President and Chief Executive Officer, sold 199,084 shares of the common stock of J & J Snack Foods Corp. on November 20, 2011 to a trust for the benefit of Mr. Shreiber’s family as part of his estate planning. The shares sold represented 5% of Mr. Shreiber’s holdings of the common stock of J & J Snack Foods Corp.
The Company said that Mr. Shreiber, after the sale, owns 21% of the outstanding shares of common stock of the company.
J & J Snack Foods Corp.’s principal products include SUPERPRETZEL, PRETZEL FILLERS and other soft pretzels, ICEE and SLUSH PUPPIE frozen beverages, LUIGI’S, MAMA TISH’S, SHAPE UPS, MINUTE MAID* and BARQ’S** frozen juice bars and ices, WHOLE FRUIT sorbet and frozen fruit bars, MARY B’S biscuits and dumplings, DADDY RAY’S fig and fruit bars, TIO PEPE’S and CALIFORNIA CHURROS churros, THE FUNNEL CAKE FACTORY funnel cakes, MRS. GOODCOOKIE, CAMDEN CREEK, COUNTRY HOME and READI-BAKE cookies, PATIO burritos and HAND FULLS and HOLLY RIDGE BAKERY filled handheld products. J & J has manufacturing facilities in Pennsauken, Bridgeport and Bellmawr, New Jersey; Scranton, Hatfield and Chambersburg, Pennsylvania; Carrollton, Texas; Atlanta, Georgia; Moscow Mills, Missouri; Pensacola, Florida; Colton, Vernon and Norwalk, California; Holly Ridge, North Carolina; and Weston, Oregon.
*MINUTE MAID is a registered trademark of The Coca-Cola Company.**BARQ’S is a registered trademark of Barq’s Inc.