Freeman Heath 4
4 · FREDS INC · Filed Nov 22, 2017
Insider Transaction Report
Form 4
FREDS INCFRED
Freeman Heath
10% Owner
Transactions
- Award
Class A Common Stock
2017-09-05$5.76/sh+59,028$340,001→ 59,028 total
Holdings
- 9,275,000(indirect: By LLC)
Class A Common Stock
Footnotes (2)
- [F1]Awarded restricted stock which vests upon retirement from the Board of Directors.
- [F2]Shares of Common Stock owned directly by Strategic Investment Opportunities LLC ("Opportunities"). The Reporting Person, solely by virtue of his position as the President of Alden Global Capital LLC, the investment manager of Opportunities, may be deemed to beneficially own the shares directly held by Opportunities for purposes of Section 16. The Reporting Person expressly disclaims beneficial ownership of such shares of Common Stock except to the extent of his pecuniary interest therein.