PROWELL JOE 4
4 · FREDS INC · Filed Oct 25, 2004
Insider Transaction Report
Form 4
FREDS INCFRED
PROWELL JOE
Vice President
Transactions
- Award
Option on Class A Common Stock
2004-10-25+1,250→ 6,500 totalExercise: $14.60Exp: 2011-09-08→ Class A Common Stock (1,250 underlying)
Footnotes (1)
- [F1]10% of shares are exercisable on 9/8/2005, 9/8/2006, 9/8/2007, 9/8/2008 and 60% on 9/8/2009. Vesting can be accelerated if the company generates a 5% Operating Profit or better in the most recently completed fiscal year.