Item 1. Security and Issuer
This Schedule 13D relates to the common stock (the Common Stock) par value $0.32 in Lubys, Inc., a Delaware corporation (the
Company), whose principal offices are located at 13111 Northwest Freeway, Suite 600, Houston, Texas 77040.
This Schedule 13D represents
Amendment No. 13 to the Schedule 13D originally filed by certain reporting persons with the U.S. Securities and Exchange Commission (the SEC) on December 27, 2000, as amended by Amendment No. 1 thereto, filed on
March 16, 2001, Amendment No. 2 thereto, filed on July 23, 2001, Amendment No. 3 thereto, filed on March 27, 2002, Amendment No. 4 thereto, filed on June 6, 2005, Amendment No. 5 thereto, filed on
September 15, 2005, Amendment No. 6 thereto, filed on June 28, 2006, Amendment No. 7 thereto, filed on November 5, 2007, Amendment No. 8 thereto, filed on January 24, 2008, Amendment No. 9 thereto, filed on
September 2, 2010, Amendment No. 10 thereto, filed on April 14, 2014, Amendment No. 11 thereto, filed on July 12, 2017 and Amendment No. 12 thereto, filed on August 23, 2017 (the Original Schedule 13D).
Item 2. Identity and Background
Item 2 of the
Original Schedule 13D is hereby amended and restated to read in its entirety as follows:
This Schedule 13D is being filed jointly by Christopher James
Pappas, a citizen of the United States of America residing in Houston, Texas (C. Pappas), and Harris James Pappas , a citizen of the United States of America residing in Houston, Texas (H. Pappas, and together with C.
Pappas, the Shareholders).
C. Pappas has served as the President and Chief Executive Officer and a director of the Company since March 2001.
On December 11, 2017, the Company entered into a restated employment agreement with C. Pappas (the 2017 Employment Agreement). Under the 2017 Employment Agreement, the initial term of C. Pappas employment ended on
August 28, 2019 and automatically renews for additional one year periods, unless terminated in accordance with its terms. The 2017 Employment Agreement was unanimously approved by the Executive Compensation Committee of the Board of Directors
of the Company (the Board), as well as by the full Board. Effective August 1, 2018, the Company and C. Pappas agreed to reduce his fixed annual base salary to one dollar. Additionally, he is self-employed in the restaurant business
as a principal owner of Pappas Partners, L.P. and Pappas Restaurants Inc., whose business address is 13939 NW Freeway, Houston, Texas 77040.
H. Pappas
served as Chief Operating Officer of the Company until his retirement in 2011 and as a member of the Companys Board of Directors until his resignation effective as of January 31, 2019. Additionally, H. Pappas is self-employed in the
restaurant business as a principal owner of Pappas Partners, L.P. and Pappas Restaurants Inc., whose business address is 13939 NW Freeway, Houston, Texas 77040.
During the last five years, neither C. Pappas nor H. Pappas has been: (i) convicted in a criminal proceeding (excluding traffic violations or similar
misdemeanors) or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or
prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
Item 3.
Source and Amount of Funds or Other Consideration
No change since Amendment No. 12 to Schedule 13D was filed on August 23, 2017 other than
(i) the use of personal funds by C. Pappas and H. Pappas to acquire shares of Common Stock and (ii) with respect to a Possible Transaction as described below in Item 4, the potential use of (a) personal funds by C. Pappas and H.
Pappas to acquire Company Assets and (b) potential borrowings from third party sources.