SEC Form 4 · accession 0001593968-17-001258
CARTERS INC · CRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard F. Westenberger
Officer — EVP and CFO
Period of report
Nov 17, 2017
Accepted (ET)
Nov 20, 2017 · 7:42 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 | Nov 17, 2017 | M | 5,000 | $28.44 | A | 57,220 | D | |
| Common StockF2,F1 | Nov 17, 2017 | S | 5,000 | $105.02 | D | 52,220 | 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 | $28.44 | Nov 17, 2017 | M | 5,000 | D | Feb 24, 2012 | Feb 24, 2021 | Common Stock | 5,000 | 3,850 | 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 $104.94 to $105.08, 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.