FREDS INC 4
4 · FREDS INC · Filed Nov 9, 2015
Insider Transaction Report
Form 4
FREDS INCFRED
Cook Lilia
Vice President
Transactions
- Award
Class A Common Stock
2015-08-17+5,000→ 6,800 total - Award
Options on Class A Common Stock
2015-08-17+18,000→ 18,000 totalExercise: $14.60From: 2016-08-17Exp: 2022-08-17→ Class A Common Stock (18,000 underlying)
Footnotes (2)
- [F1]Shares granted vest in 1/3 increments based upon achievement of performance criteria, or on the 10th anniversary of the grant date.
- [F2]Options vest ratably over a four year service period on the anniversary of the grant date. Reporting person, Lilia Lauren (formerly Cook), granted options and restricted stock upon promotion to SVP.