We finally have our first trailer for the “I Know What You Did Last Summer,” sequel! Jennifer Love Hewitt and Freddie Prinze Jr. are back as Julie and Ray in this long-awaited sequel, with the tagline warning, “If you’re going to bury the truth, make sure it stays buried.” This fourth installment skips over the other sequels and picks up directly after the 1998 classic with an eerily similar story… A man wielding a hook hunts down a group of teens after a hit-and-run incident. New faces joining the cast include Madelyn Cline, Chase Sui Wonders, and Lola Tung. Fans were hoping for a Helen Shivers return, but Sarah Michelle Gellar shut that down, saying it didn’t make sense since her character died…“implausible” was her word. “I Know What You Did Last Summer” will slash its way into theaters on July 18th.