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Hanesbrands Inc. — Director's Dealing 2013
Apr 30, 2013
31566_dirs_2013-04-30_81e1cde7-ebb2-43af-934d-8cba016d2882.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: 2013-04-26
Reporting Person: CHADEN LEE A (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-04-26 | Common Stock | M | 87751 | $22.37 | Acquired | 91094 | Direct |
| 2013-04-26 | Common Stock | M | 13619 | $14.28 | Acquired | 104713 | Direct |
| 2013-04-26 | Common Stock | F | 63958 | $49.16 | Disposed | 40755 | Direct |
| 2013-04-29 | Common Stock | S | 37412 | $49.5217 | Disposed | 3343 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-04-26 | Employee Stock Option (right to buy) | $22.37 | M | 20000 | Disposed | 2016-09-26 | Common Stock (20000) | Direct |
| 2013-04-26 | Employee Stock Option (right to buy) | $22.37 | M | 67751 | Disposed | 2016-09-26 | Common Stock (67751) | Direct |
| 2013-04-26 | Employee Stock Option (right to buy) | $14.28 | M | 13619 | Disposed | 2018-12-09 | Common Stock (13619) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 31184 | Indirect |
Footnotes
F1: Represents a "net exercise" of outstanding stock options. These shares were withheld by Hanesbrands Inc. for payment of the exercise price, using the closing price of Hanesbrands Inc. common stock on April 26, 2013 of $49.16.
F2: The transaction was executed in multiple trades at prices ranging from $49.40 to $49.69. 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: These shares of common stock are held by the Lee A. Chaden Revocable Living Trust dated April 22, 2003, a trust of which the Reporting Person is the sole trustee.
F4: The options vest in three installments of 33% on September 26, 2007, 33% on September 26, 2008 and 34% on September 26, 2009.
F5: The options vest in four equal installments on March 9, 2009, June 9, 2009, September 9, 2009 and December 9, 2009.