FREDS INC 4
4 · FREDS INC · Filed Apr 3, 2015
Insider Transaction Report
Form 4
FREDS INCFRED
Efird Bruce A
President & CEO
Transactions
- Sale
Options on Class A Common Stock
2015-04-01$17.00/sh−2,703$45,951→ 272,297 totalExercise: $13.02From: 2012-03-21Exp: 2016-04-21→ Class A Common Stock (2,703 underlying) - Sale
Options on Class A Common Stock
2015-04-01$17.00/sh−6,800$115,600→ 275,000 totalExercise: $9.59From: 2010-03-09Exp: 2016-03-09→ Class A Common Stock (6,800 underlying)
Footnotes (2)
- [F1]Cashless exercise of 6,800 options with strike price of $9.59 for an average sales price of $17.00. Sales prices ranged from $17.00 to $17.13. The options were granted on 3/9/2009 and vested ratably over a five year period.
- [F2]Cashless exercise of 2,703 options with strike price of $13.02 for an average sales price of $17.00. Sales prices ranged from $17.00 to $17.13. The options were granted on 3/21/2011 and vested ratably over a three year period.