SEC Form 4 · accession 0001593968-17-000306
CARTERS INC · CRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian Lynch
Officer — President, Carter's, Inc.
Period of report
Feb 14, 2017
Accepted (ET)
Feb 16, 2017 · 7:17 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 | Feb 14, 2017 | A | 3,300 | $0.00 | A | 70,338 | D | |
| Common StockF3,F2 | Feb 14, 2017 | A | 6,600 | $0.00 | A | 76,938 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (right to buy)F4 | $83.84 | Feb 14, 2017 | A | 13,920 | A | Feb 14, 2018 | Feb 14, 2027 | Common Stock | 13,920 | 13,920 | 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.
- F3These restricted shares cliff vest based upon the achievement of certain 2019 earnings targets.
- F4These time-vesting options are exercisable in four equal annual installments beginning one year from the grant date.