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- -------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION -----------------------------
FORM 4 WASHINGTON, D.C. 20549 OMB APPROVAL
- -------- -----------------------------
/ / CHECK THIS BOX IF NO STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OMB NUMBER: 3235-0287
LONGER SUBJECT TO EXPIRES: SEPTEMBER 30, 1998
SECTION 16. FORM 4 OR Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, ESTIMATED AVERAGE BURDEN
FORM 5 OBLIGATIONS MAY Section 17(a) of the Public Utility Holding Company Act of 1935 or HOURS PER RESPONSE .... 0.5
CONTINUE. SEE Section 30(f) of the Investment Company Act of 1940 -----------------------------
INSTRUCTION 1(b).
(Print or Type Responses)
- ------------------------------------------------------------------------------------------------------------------------------------
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1. Name and Address of Reporting Person* 2. Issuer Name AND Ticker or Trading Symbol 6. Relationship of Reporting Person(s)
to Issuer (Check all applicable)
X Director X 10% Owner
WOOLEY JOHN C. SCHLOTZSKY'S, INC. ---- ----
- --------------------------------------------------------------------------------------------- X Officer (give Other
(Last) (First) (Middle) 3. IRS or Social Security 4. Statement for ---- title ---- (specify
Number of Reporting Month/Year below) below
Person (Voluntary) PRESIDENT AND CHIEF EXECUTIVE OFFICER
------------------------------------
203 COLORADO STREET APRIL 2000
- -------------------------------------------- --------------------- 7. Individual or Joint/Group Filing
(Street) 5. If Amendment, (Check Applicable Line)
Date of Original _X_Form filed by One Reporting Person
(Month/Year) ___Form filed by More than One
AUSTIN TEXAS 78701 Reporting Person
- ------------------------------------------------------------------------------------------------------------------------------------
(City) (State) (Zip) TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
- ------------------------------------------------------------------------------------------------------------------------------------
1. Title of Security 2. Trans- 3. Trans- 4. Securities Acquired (A) 5. Amount of 6. Owner- 7. Nature
(Instr. 3) action action or Disposed of (D) Securities ship of In-
Date Code (Instr. 3, 4 and 5) Beneficially Form: direct
(Instr. 8) Owned at Direct Bene-
(Month/ End of (D) or ficial
Day/ ------------------------------------------- Month Indirect Owner-
Year) (A) or (I) ship
Code V Amount (D) Price (Instr. 3 (Instr. 4) (Instr. 4)
and 4)
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COMMON STOCK 4/13/00 P 5,000 A $6.625
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COMMON STOCK 4/14/00 P 10,000 A $6.625 793,520 D
- ------------------------------------------------------------------------------------------------------------------------------------
COMMON STOCK 1,142 I BY SELF
AS TRUSTEE
FOR WOOLEY
TRUST
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- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
* If the form is filed by more than one reporting person, SEE Instruction 4(b)(v). SEC 1474 (7-97)
POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF INFORMATION
CONTAINED IN THIS FORM ARE NOT REQUIRED TO RESPOND UNLESS THE FORM
DISPLAYS A CURRENTLY VALID OMB CONTROL NUMBER.
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FORM 4 (CONTINUED) TABLE II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
- ------------------------------------------------------------------------------------------------------------------------
1. Title of Derivative Security 2. Conver- 3. Trans- 4. Transac- 5. Number of Deriv- 6. Date Exer-
(Instr. 3) sion or action tion Code ative Securities Ac- cisable and Ex-
Exercise Date (Instr. 8) quired (A) or Dis- piration Date
Price of (Month/ posed of (D) (Month/Day/
Deriv- Day/ (Instr. 3, 4, and 5) Year)
ative Year)
Security
--------------------
Date Expira-
-------------------------------------- Exer- tion
cisable Date
Code V (A) (D)
<S><C>
- ------------------------------------------------------------------------------------------------------------------------
OPTION(1) $12.80 4/21/00 J(2) 9,090 12/14/95 12/14/00
- ------------------------------------------------------------------------------------------------------------------------
OPTION $12.80 4/21/00 J(2) 9,090 1/15/96 12/14/00
- ------------------------------------------------------------------------------------------------------------------------
OPTION $12.80 4/21/00 J(2) 28,695 12/14/95 12/14/05
- ------------------------------------------------------------------------------------------------------------------------
OPTION $17.69375 4/21/00 J(2) 16,667 02/12/99 02/12/08
- ------------------------------------------------------------------------------------------------------------------------
OPTION $17.69375 4/21/00 J(2) 16,667 02/12/00 02/12/08
- ------------------------------------------------------------------------------------------------------------------------
OPTION $17.69375 4/21/00 J(2) 16,666 02/12/01 02/12/08
- ------------------------------------------------------------------------------------------------------------------------
OPTION $22.095 4/21/00 J(2) 50,000 02/12/99 05/29/08
- ------------------------------------------------------------------------------------------------------------------------
OPTION $22.095 4/21/00 J(2) 50,000 02/12/00 05/29/08
- ------------------------------------------------------------------------------------------------------------------------
OPTION $22.095 4/21/00 J(2) 50,000 02/12/01 05/29/08
- ------------------------------------------------------------------------------------------------------------------------
OPTION $23.93625 4/21/00 J(2) 33,334 02/12/99 05/29/08
- ------------------------------------------------------------------------------------------------------------------------
OPTION $23.93625 4/21/00 J(2) 33,334 02/12/00 05/29/08
- ------------------------------------------------------------------------------------------------------------------------
OPTION $23.93625 4/21/00 J(2) 33,333 02/12/01 05/29/08
- ------------------------------------------------------------------------------------------------------------------------
<CAPTION>
- ------------------------------------------------------------------------------------------
7. Title and Amount of Under- 8. Price 9. Number 10. Owner- 11. Nature
lying Securities of of Deriv- ship of In-
(Instr. 3 and 4) Deriv- ative Form direct
ative Securi- of De- Bene-
Secur- ties rivative ficial
ity Bene- Secu- Own-
(Instr. ficially rity: ership
5) Owned Direct (Instr. 4)
at End (D) or
Amount or of Indi-
Title Number of Month rect (I)
Shares (Instr. 4) (Instr. 4)
<S><C>
- ------------------------------------------------------------------------------------------
COMMON STOCK 9,090 -0- D
- ------------------------------------------------------------------------------------------
COMMON STOCK 9,090 -0- D
- ------------------------------------------------------------------------------------------
COMMON STOCK 28,695 -0- D
- ------------------------------------------------------------------------------------------
COMMON STOCK 16,667 -0- D
- ------------------------------------------------------------------------------------------
COMMON STOCK 16,667 -0- D
- ------------------------------------------------------------------------------------------
COMMON STOCK 16,666 -0- D
- ------------------------------------------------------------------------------------------
COMMON STOCK 50,000 -0- D
- ------------------------------------------------------------------------------------------
COMMON STOCK 50,000 -0- D
- ------------------------------------------------------------------------------------------
COMMON STOCK 50,000 -0- D
- ------------------------------------------------------------------------------------------
COMMON STOCK 33,334 -0- D
- ------------------------------------------------------------------------------------------
COMMON STOCK 33,333 -0- D
- ------------------------------------------------------------------------------------------
COMMON STOCK 33,333 -0- D
- ------------------------------------------------------------------------------------------
Explanation of Responses:
(1) OPTIONS REPORTED ON THIS FORM 4 REPRESENT OPTIONS TO PURCHASE COMMON STOCK.
(2) OPTIONS RELINQUISHED BY MR. WOOLEY FOR CANCELLATION BY THE ISSUER.
/s/ John C. Wooley 04-26-00
----------------------------------- -----------
**Intentional misstatements or omissions of facts constitute **Signature of Reporting Person Date
Federal Criminal Violations. SEE 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient, SEE Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB Number.
Page 2
SEC 1474 (7-97)
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<CAPTION>
FORM 4 (CONTINUED) TABLE II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
- ------------------------------------------------------------------------------------------------------------------------
1. Title of Derivative Security 2. Conver- 3. Trans- 4. Transac- 5. Number of Deriv- 6. Date Exer-
(Instr. 3) sion or action tion Code ative Securities Ac- cisable and Ex-
Exercise Date (Instr. 8) quired (A) or Dis- piration Date
Price of (Month/ posed of (D) (Month/Day/
Deriv- Day/ (Instr. 3, 4, and 5) Year)
ative Year)
Security
--------------------
Date Expira-
-------------------------------------- Exer- tion
cisable Date
Code V (A) (D)
<S><C>
- ------------------------------------------------------------------------------------------------------------------------
OPTION $11.20 05/01/96 08/08/05
- ------------------------------------------------------------------------------------------------------------------------
OPTION $11.20 05/01/97 08/08/05
- ------------------------------------------------------------------------------------------------------------------------
OPTION $11.20 05/01/98 08/08/05
- ------------------------------------------------------------------------------------------------------------------------
OPTION $11.20 05/01/99 08/08/05
- ------------------------------------------------------------------------------------------------------------------------
OPTION $11.20 05/01/00 08/08/05
- ------------------------------------------------------------------------------------------------------------------------
OPTION $17.69375 02/12/99 02/12/08
- ------------------------------------------------------------------------------------------------------------------------
OPTION $17.69375 02/12/00 02/12/08
- ------------------------------------------------------------------------------------------------------------------------
OPTION $17.69375 02/12/01 02/12/08
- ------------------------------------------------------------------------------------------------------------------------
OPTION $12.50 12/14/99 12/14/09
- ------------------------------------------------------------------------------------------------------------------------
OPTION $12.50 12/14/00 12/14/09
- ------------------------------------------------------------------------------------------------------------------------
OPTION $12.50 12/14/01 12/14/09
- ------------------------------------------------------------------------------------------------------------------------
OPTION $11.00 1/11/00 1/11/09
- ------------------------------------------------------------------------------------------------------------------------
OPTION $11.00 1/11/01 1/11/09
- ------------------------------------------------------------------------------------------------------------------------
OPTION $11.00 1/11/02 1/11/09
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<CAPTION>
- ------------------------------------------------------------------------------------------
7. Title and Amount of Under- 8. Price 9. Number 10. Owner- 11. Nature
lying Securities of of Deriv- ship of In-
(Instr. 3 and 4) Deriv- ative Form direct
ative Securi- of De- Bene-
Secur- ties rivative ficial
ity Bene- Secu- Own-
(Instr. ficially rity: ership
5) Owned Direct (Instr. 4)
at End (D) or
Amount or of Indi-
Title Number of Month rect (I)
Shares (Instr. 4) (Instr. 4)
<S><C>
- ------------------------------------------------------------------------------------------
COMMON STOCK 2,813 2,813 I (3)
- ------------------------------------------------------------------------------------------
COMMON STOCK 2,813 2,813 I (3)
- ------------------------------------------------------------------------------------------
COMMON STOCK 2,813 2,813 I (3)
- ------------------------------------------------------------------------------------------
COMMON STOCK 2,813 2,813 I (3)
- ------------------------------------------------------------------------------------------
COMMON STOCK 2,811 2,811 I (3)
- ------------------------------------------------------------------------------------------
COMMON STOCK 2,500 2,500 I (3)
- ------------------------------------------------------------------------------------------
COMMON STOCK 2,500 2,500 I (3)
- ------------------------------------------------------------------------------------------
COMMON STOCK 2,500 2,500 I (3)
- ------------------------------------------------------------------------------------------
COMMON STOCK 2,500 2,500 I (3)
- ------------------------------------------------------------------------------------------
COMMON STOCK 2,500 2,500 I (3)
- ------------------------------------------------------------------------------------------
COMMON STOCK 2,500 2,500 I (3)
- ------------------------------------------------------------------------------------------
COMMON STOCK 833 833 I (3)
- ------------------------------------------------------------------------------------------
COMMON STOCK 833 833 I (3)
- ------------------------------------------------------------------------------------------
COMMON STOCK 834 834 I (3)
- ------------------------------------------------------------------------------------------
Explanation of Responses:
(1) OPTIONS REPORTED ON THIS FORM 4 REPRESENT OPTIONS TO PURCHASE COMMON STOCK.
(2) OPTIONS RELINQUISHED BY MR. WOOLEY FOR CANCELLATION BY THE ISSUER.
(3) OPTIONS OWNED AS SEPARATE PROPERTY BY SUSAN VINCENT, JOHN C. WOOLEY'S WIFE.
JOHN C. WOOLEY DISCLAIMS BENEFICIAL OWNERSHIP OF THESE OPTIONS.
/s/ John C. Wooley 04-26-00
----------------------------------- -----------
**Intentional misstatements or omissions of facts constitute **Signature of Reporting Person Date
Federal Criminal Violations. SEE 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient, SEE Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB Number.
Page 3
SEC 1474 (7-97)
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