FREDS INC 4
4 · FREDS INC · Filed Jan 29, 2015
Insider Transaction Report
Form 4
FREDS INCFRED
Brown Sherri
Vice President, Controller
Transactions
- Other
Options on Class A Common Stock
2014-11-01+16,000→ 16,000 totalExercise: $15.69From: 2015-11-01Exp: 2021-11-01→ Class A Common Stock (16,000 underlying) - Other
Class A Common Stock
2014-11-01+11,600→ 14,806 total
Footnotes (2)
- [F1]Sherri Tagg (formerly Brown) granted 11,600 shares restricted stock upon promotion to EVP & CAO. 5,000 shares vest in 1/3 increments based upon achievment of performance metrics, or after 10 years. 6,600 shares vest pro rata over a 3 year service period.
- [F2]Granted 16,000 options which vest ratably over five year service period, with initial lapse to occur 11/1/2015.