SEC Form 4 · accession 0001140361-15-002587
FREDS INC · FRED
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Craig Barnes
Officer — EVP
Period of report
Dec 1, 2014
Accepted (ET)
Jan 23, 2015 · 3:55 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 | Dec 1, 2014 | J | 2,500 | $0.00 | A | 11,000 | 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 | $14.74 | Dec 1, 2014 | J | 11,500 | A | Dec 1, 2015 | Dec 1, 2021 | Class A Common Stock | 11,500 | 15,000 | D |
Explanation of responses
- F1Granted 2,500 shares of restricted stock, which vests in 1/3 increments upon achievement of performance metrics, or ten years from the grant date.
- F2Granted 11,500 stock options, which vest pro rata over a five year period beginning 12/1/2015.