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Hanesbrands Inc. — Director's Dealing 2017
Jul 7, 2017
31566_dirs_2017-07-06_3c23a66b-8222-4dee-8a7c-9992209c7650.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: 2017-07-03
Reporting Person: Evans Gerald (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-07-03 | Common Stock | M | 113474 | $6.28 | Acquired | 1056314 | Direct |
| 2017-07-03 | Common Stock | F | 70095 | $23.16 | Disposed | 986219 | Direct |
| 2017-07-05 | Common Stock | S | 43379 | $23.18 | Disposed | 942840 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-07-03 | Employee Stock Option (right to buy) | $6.28 | M | 113474 | Disposed | 2018-02-04 | Common Stock (113474.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 117 | Indirect |
Footnotes
F1: The option exercise and sale reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 16, 2017.
F2: Represents a "net exercise" of outstanding stock options. These shares were withheld by Hanesbrands Inc. for payment of the exercise price and applicable taxes, based on the market price of Hanesbrands Inc. common stock at the time of the option exercise on July 3, 2017 of $23.16.
F3: This transaction was executed in multiple trades at prices ranging from $23.09 to $23.26. 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.
F4: The options vest in three installments of 33% on February 4, 2009, 33% on February 4, 2010 and 34% on February 4, 2011.