0000921895-16-006398.txt : 20161222
0000921895-16-006398.hdr.sgml : 20161222
20161222173422
ACCESSION NUMBER: 0000921895-16-006398
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20161220
FILED AS OF DATE: 20161222
DATE AS OF CHANGE: 20161222
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: FREDS INC
CENTRAL INDEX KEY: 0000724571
STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-VARIETY STORES [5331]
IRS NUMBER: 620634010
STATE OF INCORPORATION: TN
FISCAL YEAR END: 0131
BUSINESS ADDRESS:
STREET 1: 4300 NEW GETWELL RD
CITY: MEMPHIS
STATE: TN
ZIP: 38118
BUSINESS PHONE: 9013658880
MAIL ADDRESS:
STREET 1: 4300 NEW GETWELL ROAD
CITY: MEMPHIS
STATE: TN
ZIP: 38118
FORMER COMPANY:
FORMER CONFORMED NAME: BADDOUR INC
DATE OF NAME CHANGE: 19910620
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Freeman Heath
CENTRAL INDEX KEY: 0001693074
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-14565
FILM NUMBER: 162067532
MAIL ADDRESS:
STREET 1: 885 THIRD AVENUE, 34TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Strategic Investment Opportunities LLC
CENTRAL INDEX KEY: 0001688150
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-14565
FILM NUMBER: 162067533
BUSINESS ADDRESS:
STREET 1: 101 W. COLFAX AVENUE
STREET 2: SUITE 1100
CITY: DENVER
STATE: CO
ZIP: 80202
BUSINESS PHONE: 408-920-5713
MAIL ADDRESS:
STREET 1: 101 W. COLFAX AVENUE
STREET 2: SUITE 1100
CITY: DENVER
STATE: CO
ZIP: 80202
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Alden Global Capital LLC
CENTRAL INDEX KEY: 0001616882
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-14565
FILM NUMBER: 162067534
BUSINESS ADDRESS:
STREET 1: 885 THIRD AVENUE, 34TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
BUSINESS PHONE: 212-888-7213
MAIL ADDRESS:
STREET 1: 885 THIRD AVENUE, 34TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
4
1
form408392006_12222016.xml
OWNERSHIP DOCUMENT
X0306
4
2016-12-20
0
0000724571
FREDS INC
FRED
0001616882
Alden Global Capital LLC
885 THIRD AVENUE, 34TH FLOOR
NEW YORK
NY
10022
0
0
1
0
0001688150
Strategic Investment Opportunities LLC
885 THIRD AVENUE, 34TH FLOOR
NEW YORK
NY
10022
0
0
1
0
0001693074
Freeman Heath
885 THIRD AVENUE, 34TH FLOOR
NEW YORK
NY
10022
0
0
1
0
Class A Common Stock
2016-12-20
4
P
0
1107851
19.5245
A
4849846
I
By Strategic Investment Opportunities LLC
Class A Common Stock
2016-12-20
4
P
0
1209139
20.1919
A
6058985
I
By Strategic Investment Opportunities LLC
Class A Common Stock
2016-12-20
4
P
0
491015
21.1487
A
6550000
I
By Strategic Investment Opportunities LLC
Class A Common Stock
2016-12-21
4
P
0
925000
20.0728
A
7475000
I
By Strategic Investment Opportunities LLC
Class A Common Stock
2016-12-22
4
P
0
1800000
19.3622
A
9275000
I
By Strategic Investment Opportunities LLC
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.
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.
The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $18.81 to $19.81, $19.815 to $20.815, $20.82 to $21.75, $19.64 to $20.53, and $18.93 to $19.82, respectively. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth herein.
Alden Global Capital LLC, By: /s/ Heath Freeman, President
2016-12-22
Strategic Investment Opportunities LLC, By: Alden Global Capital LLC, By: /s/ Heath Freeman, President
2016-12-22
/s/ Heath Freeman
2016-12-22