SEC Form 4 · accession 0001140361-15-040188
FREDS INC · FRED
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lilia Cook
Officer — SVP
Period of report
Aug 17, 2015
Accepted (ET)
Nov 9, 2015 · 3:48 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 | Aug 17, 2015 | A | 5,000 | $0.00 | A | 6,800 | 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 | $14.60 | Aug 17, 2015 | A | 18,000 | A | Aug 17, 2016 | Aug 17, 2022 | Class A Common Stock | 18,000 | 18,000 | D |
Explanation of responses
- F1Shares granted vest in 1/3 increments based upon achievement of performance criteria, or on the 10th anniversary of the grant date.
- F2Options vest ratably over a four year service period on the anniversary of the grant date. Reporting person, Lilia Lauren (formerly Cook), granted options and restricted stock upon promotion to SVP.