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4//SEC Filing

MAXWELL BARRY 4

Accession 0001005794-03-000311

CIK 0000724571other

Filed

Sep 24, 8:00 PM ET

Accepted

Sep 25, 2:19 PM ET

Size

7.7 KB

Accession

0001005794-03-000311

Insider Transaction Report

Form 4
Period: 2003-09-24
MAXWELL BARRY
vice president
Transactions
  • Award

    Option on Class A Common Stock

    2003-09-19+1,8001,800 total
    Exercise: $20.60Class A Common Stock (1,800 underlying)
  • Award

    Option on Class A Common Stock

    2003-09-19+7,2007,200 total
    Exercise: $17.67Class A Common Stock (7,200 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. Maxwell currently has a total of 15,563 options to purchase common stock under various grants from Fred's, Inc.

Issuer

FREDS INC

CIK 0000724571

Entity typeother

Related Parties

1
  • filerCIK 0001183291

Filing Metadata

Form type
4
Filed
Sep 24, 8:00 PM ET
Accepted
Sep 25, 2:19 PM ET
Size
7.7 KB