SEC Form 3 · accession 0001140361-15-028305
FREDS INC · FRED
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph Hendricks
Officer — VP
Period of report
Jun 19, 2015
Accepted (ET)
Jul 22, 2015 · 6:36 pm EDT
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 | holding | — | — | — | 645 | 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 | $19.40 | holding | — | — | — | Jun 19, 2016 | Jun 19, 2022 | Class A Common Stock | 6,100 | — | D |
Explanation of responses
- F1Employee granted 645 shares of restricted stock upon hire. The shares vest 25% on the 2nd, 3rd, and 4th anniversary of the grant date.
- F2Employee granted 6100 stock options upon hire. The options vest pro rata over a five year service period on the annual anniversary dates of the grant date.