SEC Form 4 · accession 0001140361-15-002128
FREDS INC · FRED
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mike Holligan
Officer — EVP
Period of report
Sep 15, 2014
Accepted (ET)
Jan 20, 2015 · 12:23 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000724571
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Sep 15, 2014 | J | 5,000 | $0.00 | A | 10,315 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options on Class A Common StockF2 | $14.58 | Sep 15, 2014 | J | 10,000 | A | Sep 15, 2015 | Sep 15, 2021 | Class A Common Stock | 10,000 | 10,000 | D |
Explanation of responses
- F1Granted 5000 shares of restricted stock that vest in 1/3 increments upon achievement of performance thresholds, or after ten years from the date of grant.
- F2Granted 10,000 stock options which vest ratably over a five year period beginning 9/15/2015.