Blue Buffalo Pet Products, Inc. (NASDAQ:BUFF) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

This Amendment No. 1 to Current Report on Form 8-K/A (the “Amendment”) amends the Current Report on Form 8-K filed by Blue Buffalo Pet Products, Inc. (the “Company”) on November 10, 2016 (the “Original Form 8-K”), which disclosed, among other things, the appointment of William Bishop, Jr. as the Company’s Chief Executive Officer effective January 1, 2017. At the time of the filing of the Original Form 8-K, the Board of Directors (the “Board”) of the Company had not yet determined the terms of Mr. Bishop’s compensation in connection with his appointment as Chief Executive Officer.

This Amendment is being filed solely to report that on December 15, 2016, the Board, upon the recommendation of the Compensation Committee of the Board, approved: (i) an increase in Mr. Bishop’s base salary to $600,000, effective January 1, 2017; (ii) an increase to Mr. Bishop’s target annual cash incentive opportunity for 2017 to 150% of his base salary; and (iii) Mr. Bishop’s eligibility to receive an award to the Company’s long-term equity inventive plan in 2017 with a target value equal to 150% of his base salary.

About Blue Buffalo Pet Products, Inc. (NASDAQ:BUFF)

Blue Buffalo Pet Products, Inc. (BBPP) is a holding company. The Company, through its subsidiaries, develops, produces, markets and sells pet food under the BLUE Life Protection Formula, BLUE Wilderness, BLUE Basics, BLUE Freedom and BLUE Natural Veterinary Diet lines. Blue Buffalo Company, Ltd. (Blue), Blue Buffalo Import Mexico, S. de R.L. de C.V. and Blue Buffalo Mexico, S. de R.L. de C.V. are subsidiaries of BBPP. The Company categorizes its products as dry foods, and wet foods, treats and other products. The Company’s products are produced domestically at its Heartland facility and through contract manufacturers for distribution to retailers in specialty channels throughout the United States, Canada, Japan and Mexico. It has a product portfolio across various product types, including diet types, breed sizes for dogs, life stages and flavors. BLUE Wilderness is a high-meat, high-protein, grain-free ancestral feeding line. BLUE Freedom is a grain-free line.

Blue Buffalo Pet Products, Inc. (NASDAQ:BUFF) Recent Trading Information

Blue Buffalo Pet Products, Inc. (NASDAQ:BUFF) closed its last trading session down -0.13 at 24.48 with 603,024 shares trading hands.