Freeman Heath 4
4 · FREDS INC · Filed Sep 26, 2018
Insider Transaction Report
Form 4
FREDS INCFRED
Freeman Heath
10% Owner
Transactions
- Award
Class A Common Stock
2018-09-24+172,589→ 231,617 total
Holdings
- 9,275,000(indirect: By LLC)
Class A Common Stock
Footnotes (2)
- [F1]Awarded restricted stock which vests 6 months following 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 the 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.