SEC Form 4 · accession 0001140361-16-075964
CARTERS INC · CRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard F. Westenberger
Officer — Chief Financial Officer
Period of report
Aug 10, 2016
Accepted (ET)
Aug 11, 2016 · 5:41 pm EDT
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 | Aug 10, 2016 | M | 2,500 | $28.04 | A | 53,464 | D | |
| Common StockF2,F1 | Aug 10, 2016 | S | 2,500 | $101.00 | D | 50,964 | 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)F3 | $28.04 | Aug 10, 2016 | M | 2,500 | D | — | Feb 16, 2020 | Common Stock | 2,500 | 0 | D |
Explanation of responses
- F1Some of these shares are restricted shares that are subject to either time-vesting or performance-based restrictions.
- F2This is a weighted average price. The shares were sold in multiple trade executions at prices ranging from $100.81 to $101.15, inclusive. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
- F3These options are all exercisable.