SEC Form 4 · accession 0001140361-16-077995
FREDS INC · FRED
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mary Lou Gardner
Officer — CMMO
Period of report
Aug 24, 2016
Accepted (ET)
Aug 26, 2016 · 5:28 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 | Aug 24, 2016 | A | 4,430 | $0.00 | A | 11,640 | 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 | $13.31 | Aug 24, 2016 | A | 23,150 | A | Aug 24, 2017 | Aug 24, 2023 | Class A Common Stock | 23,150 | 73,783 | D |
Explanation of responses
- F1Granted 4430 shares of restricted stock. The restrictions lapse 20% per year on the anniversary of the grant date.
- F2Granted 23,150 stock options. The options vest 20% per year on the anniversary of the grant date.