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4//SEC Filing

BURKLEY THOMAS 4

Accession 0001005794-03-000306

CIK 0000724571other

Filed

Sep 22, 8:00 PM ET

Accepted

Sep 23, 3:24 PM ET

Size

7.8 KB

Accession

0001005794-03-000306

Insider Transaction Report

Form 4
Period: 2003-09-22
BURKLEY THOMAS
Vice President
Transactions
  • Award

    Option on Class A Common Stock

    2003-09-19+1,3501,350 total
    Exercise: $20.60Class A Common Stock (1,350 underlying)
  • Award

    Option on Class A Common Stock

    2003-09-19+5,4005,400 total
    Exercise: $17.67Class A Common Stock (5,400 underlying)
Footnotes (4)
  • [F1]Split affected for 7/1/03 3 for 2 stock split.
  • [F2]Received grant dated 3/11/03 with the option term of seven years, six months. Vesting schedule: 10% on 8/20/04, 8/20/05, 8/20/06, 8/20/07, with the remaining 60% vesting on 8/20/08. Vesting may be accelerated to 20% in any year that Operating Income Margin meets or exceeds the target.
  • [F3]Received grant dated 5/19/03 with the option term of seven years, four months. Vesting schedule: 10% on 8/20/04, 8/20/05, 8/20/06, 8/20/07, with the remaining 60% vesting on 8/20/08. Vesting may be accelerated to 20% in any year that Operating Income Margin meets or exceeds the target.
  • [F4]Mr. Burkley currently has a total of 9,001 options to purchase common stock under various grants from Fred's, Inc.

Issuer

FREDS INC

CIK 0000724571

Entity typeother

Related Parties

1
  • filerCIK 0001182888

Filing Metadata

Form type
4
Filed
Sep 22, 8:00 PM ET
Accepted
Sep 23, 3:24 PM ET
Size
7.8 KB