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Hanesbrands Inc. — Director's Dealing 2013
Aug 6, 2013
31566_dirs_2013-08-06_00a5fabd-1d6f-4241-9f01-442478c61cb4.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Hanesbrands Inc. (HBI)
CIK: 0001359841
Period of Report: 2013-08-02
Reporting Person: Nictakis William J (CCO Intl Bus Global Retailer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-08-02 | Common Stock | M | 120000 | $29.35 | Acquired | 323855 | Direct |
| 2013-08-02 | Common Stock | M | 40678 | $24.33 | Acquired | 364533 | Direct |
| 2013-08-02 | Common Stock | M | 13002 | $27.16 | Acquired | 377535 | Direct |
| 2013-08-02 | Common Stock | F | 122858 | $63.98 | Disposed | 254677 | Direct |
| 2013-08-05 | Common Stock | S | 50822 | $63.5701 | Disposed | 203855 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-08-02 | Employee Stock Option (right to buy) | $29.35 | M | 120000 | Disposed | 2017-12-11 | Common Stock (120000) | Direct |
| 2013-08-02 | Employee Stock Option (right to buy) | $24.33 | M | 40678 | Disposed | 2019-12-08 | Common Stock (40678) | Direct |
| 2013-08-02 | Employee Stock Option (right to buy) | $27.16 | M | 13002 | Disposed | 2020-12-06 | Common Stock (13002) | Direct |
Footnotes
F1: Represents a "net exercise" of outstanding stock options. These shares were withheld by Hanesbrands Inc. for payment of the exercise price paid and applicable taxes, using the execution price of Hanesbrands Inc. common stock on August 2, 2013 of $63.98.
F2: The transaction was executed in multiple trades at prices ranging from $63.47 to $63.69. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request by the SEC staff, Hanesbrands Inc. or any security holder of Hanesbrands Inc. full information regarding the number of shares sold at each separate price.
F3: The options vest in three installments of 33% on December 11, 2008, 33% on December 11, 2009 and 34% on December 11, 2010.
F4: The options vest in three installments of 33% on December 8, 2010, 33% on December 8, 2011, and 34% on December 8, 2012.
F5: The options vest in three installments of 33% on December 6, 2011, 33% on December 6, 2012 and 34% on December 6, 2013.