SEC Form 4 · accession 0001140361-16-078843
FREDS INC · FRED
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Craig Barnes
Officer — EVP
Period of report
Aug 30, 2016
Accepted (ET)
Sep 2, 2016 · 6:21 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 30, 2016 | A | 3,125 | $0.00 | A | 20,525 | 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 | $11.94 | Aug 30, 2016 | A | 37,000 | A | Aug 30, 2017 | Aug 30, 2023 | Class A Common Stock | 37,000 | 88,800 | D |
Explanation of responses
- F1Granted 3125 shares of restricted stock. The shares vest 20% per year on the anniversary of the grant date.
- F2Granted 37,000 options, which vest 20% per year on the anniversary of the grant date.