Hanesbrands Inc. — Director's Dealing 2015

Jan 5, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Hanesbrands Inc. (HBI)
CIK: 0001359841
Period of Report: 2014-12-31

Reporting Person: MULCAHY J PATRICK (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-12-31	Phantom Stock	$	A	246	Acquired		Common Stock (246.0)	Direct

Footnotes

F1: Represents a balance in a stock equivalent account (the "HBI Stock Fund") in the Hanesbrands Inc. Non-Employee Director Deferred Compensation Plan (the "Plan"). Balances in the HBI Stock Fund are settled on a share-for-share basis of Hanesbrands Inc. common stock.

F2: 1-for-1

F3: Represents a deferral of cash compensation by the Reporting Person to the HBI Stock Fund under the Plan, as determined by dividing the dollar amount of the deferral by $111.62 (the closing market quote for Hanesbrands Inc. common stock on December 31, 2014).

F4: Balances in the HBI Stock Fund are settled on a share-for-share basis of Hanesbrands Inc. common stock (i) with respect to deferrals prior to January 1, 2008, at the time specified by the Reporting Person at the time of the Reporting Person's deferral election, which in no case shall be prior to the January 1 following the first anniversary of the date the deferral election is made and (ii) with respect to deferrals on or after January 1, 2008, on the earlier of the fifth anniversary of the date of the deferral or the Reporting Person's separation from service as a member of the Hanesbrands Inc. board of directors.