SEC Form 4 · accession 0001140361-16-053993
CARTERS INC · CRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey B. Williams
Officer — Senior VP Retail
Period of report
Feb 16, 2016
Accepted (ET)
Feb 18, 2016 · 6:29 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001060822
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | Feb 16, 2016 | A | 2,460 | $0.00 | A | 31,910 | D | |
| Common StockF4,F2,F3 | Feb 16, 2016 | A | 1,700 | $0.00 | A | 33,610 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Purchase)F5 | $90.66 | Feb 16, 2016 | A | 2,600 | A | Feb 16, 2017 | Feb 16, 2026 | Common Stock | 2,600 | 2,600 | D |
Explanation of responses
- F1These restricted shares are subject to restrictions that lapse in four equal annual installments beginning one year from the grant date.
- F2Granted at no cost to the reporting person.
- F3Some of these shares are restricted shares that are subject to either time-vesting or performance-based restrictions
- F4These restricted shares cliff vest based upon the achievement of certain 2018 earnings targets.
- F5These time-vesting options are exercisable in four equal annual installments beginning one year from the grant date.