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Hanesbrands Inc. — Director's Dealing 2013
Aug 26, 2013
31566_dirs_2013-08-26_ae349103-d2f7-40a8-ae20-7c0d3472d5d9.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: 2013-08-22
Reporting Person: Oliver Kevin (Chief Human Resources Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-08-22 | Common Stock | M | 25424 | $24.33 | Acquired | 85178 | Direct |
| 2013-08-22 | Common Stock | F | 17450 | $61.22 | Disposed | 67728 | Direct |
| 2013-08-26 | Common Stock | S | 7974 | $61.2921 | Disposed | 59754 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-08-22 | Employee Stock Option (right to buy) | $24.33 | M | 25424 | Disposed | 2019-12-08 | Common Stock (25424) | Direct |
Footnotes
F1: Represents a "net exercise" of outstanding stock options. These shares were withheld by Hanesbrands Inc. for payment of the option exercise price and applicable taxes, based on the market price of Hanesbrands Inc. common stock at the time of the option exercise on August 22, 2103 of $61.22.
F2: The transaction was executed in multiple trades at prices ranging from $61.13 to $61.50. 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 8, 2010, 33% on December 8, 2011 and 34% on December 8, 2012.