4//SEC Filing
FREDS INC 4
Accession 0001140361-16-076064
CIK 0000724571operating
Filed
Aug 11, 8:00 PM ET
Accepted
Aug 12, 10:49 AM ET
Size
7.2 KB
Accession
0001140361-16-076064
Insider Transaction Report
Form 4
FREDS INCFRED
McMillan Michael T
Director
Transactions
- Award
Class A Common Stock
2016-08-05+3,500→ 30,000 total - Award
Options on Class A Common Stock
2016-08-05+3,500→ 3,500 totalExercise: $14.29From: 2017-08-05Exp: 2023-08-05→ Class A Common Stock (3,500 underlying)
Footnotes (2)
- [F1]Granted 3500 shares of restricted stock. Restrictions lapse after grantee ceases to be a member of the Board of Directors.
- [F2]Granted 3500 stock options. The options vest 20% per year on the anniversary of the grant date so long as grantee remains a member of the Board of Directors. A Form 4 filed on 5/31/16 inaccurately reported a grant of 12000 options intended to be reported for another reward recipient. This filing correctly reports the options held by the grantee.
Documents
Issuer
FREDS INC
CIK 0000724571
Entity typeoperating
IncorporatedTN
Related Parties
1- filerCIK 0000724571
Filing Metadata
- Form type
- 4
- Filed
- Aug 11, 8:00 PM ET
- Accepted
- Aug 12, 10:49 AM ET
- Size
- 7.2 KB