4//SEC Filing
Alden Global Capital LLC 4
Accession 0000921895-18-002864
CIK 0000724571other
Filed
Oct 25, 8:00 PM ET
Accepted
Oct 26, 5:03 PM ET
Size
12.7 KB
Accession
0000921895-18-002864
Insider Transaction Report
Form 4
FREDS INCFRED
Freeman Heath
10% Owner
Transactions
- Purchase
Class A Common Stock
2018-10-24$2.64/sh+195,000$514,449→ 11,765,000 total(indirect: By LLC) - Purchase
Class A Common Stock
2018-10-25$2.49/sh+195,000$486,135→ 11,960,000 total(indirect: By LLC) - Purchase
Class A Common Stock
2018-10-26$2.50/sh+195,000$487,208→ 12,155,000 total(indirect: By LLC)
Transactions
- Purchase
Class A Common Stock
2018-10-24$2.64/sh+195,000$514,449→ 11,765,000 total(indirect: By LLC) - Purchase
Class A Common Stock
2018-10-25$2.49/sh+195,000$486,135→ 11,960,000 total(indirect: By LLC) - Purchase
Class A Common Stock
2018-10-26$2.50/sh+195,000$487,208→ 12,155,000 total(indirect: By LLC)
Alden Global Capital LLC
10% Owner
Transactions
- Purchase
Class A Common Stock
2018-10-24$2.64/sh+195,000$514,449→ 11,765,000 total(indirect: By LLC) - Purchase
Class A Common Stock
2018-10-25$2.49/sh+195,000$486,135→ 11,960,000 total(indirect: By LLC) - Purchase
Class A Common Stock
2018-10-26$2.50/sh+195,000$487,208→ 12,155,000 total(indirect: By LLC)
Footnotes (2)
- [F1]This Form 4 is filed jointly by Strategic Investment Opportunities LLC ("Opportunities"), Alden Global Capital LLC ("Alden") and Heath Freeman (collectively, the "Reporting Persons"). Each Reporting Person may be deemed to be a member of a Section 13(d) group that owns more than 10% of the Issuer's outstanding shares of Class A Common Stock ("Common Stock"). Each Reporting Person disclaims beneficial ownership of the shares of Common Stock reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such shares of Common Stock for purposes of Section 16 or for any other purpose.
- [F2]Shares of Common Stock owned directly by Opportunities. Alden, as the investment manager of Opportunities, may be deemed to beneficially own the shares of Common Stock owned directly by Opportunities. Mr. Freeman, as President of Alden, may be deemed to beneficially own the shares of Common Stock owned directly by Opportunities.
Documents
Issuer
FREDS INC
CIK 0000724571
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001616882
Filing Metadata
- Form type
- 4
- Filed
- Oct 25, 8:00 PM ET
- Accepted
- Oct 26, 5:03 PM ET
- Size
- 12.7 KB