SEC Form 4 · accession 0001140361-16-076071
FREDS INC · FRED
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
B Mary McNabb
Director
Period of report
Aug 5, 2016
Accepted (ET)
Aug 12, 2016 · 11:06 am 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 | Aug 5, 2016 | A | 3,500 | $0.00 | A | 30,400 | 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 | $14.29 | Aug 5, 2016 | A | 3,500 | A | Aug 5, 2017 | Aug 5, 2023 | Class A Common Stock | 3,500 | 3,500 | D |
Explanation of responses
- F1Granted 3500 shares of restricted stock. Restrictions lapse after grantee ceases to be a member of the Board of Directors.
- F2Granted 3500 stock options. The options vest 20% per year on the anniversary of the grant date so long as grantee remains a member of the Board of Directors.