SEC Form 4 · accession 0001593968-17-001266
CARTERS INC · CRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Dennis Casey
Officer — Chairman and CEO · Director
Period of report
Nov 20, 2017
Accepted (ET)
Nov 22, 2017 · 6:02 am 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 | Nov 20, 2017 | M | 26,524 | $17.90 | A | 385,436 | D | |
| Common StockF1,F3,F2 | Nov 20, 2017 | S | 18,174 | $105.95 | D | 367,262 | D | |
| Common StockF1,F4,F2 | Nov 20, 2017 | S | 8,350 | $106.35 | D | 358,912 | 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)F1,F6,F5 | $17.90 | Nov 20, 2017 | M | 26,524 | D | Aug 6, 2009 | Aug 6, 2018 | Common Stock | 26,524 | 26,523 | D |
Explanation of responses
- F1The transaction reported in this Form 4 was effectuated pursuant to a Rule 10b5-1 trading plan entered into on May 19, 2017.
- F2Some of these shares are restricted shares that are subject to either time-vesting or performance-based restrictions.
- F3This is a weighted average price. The shares were sold in multiple trade executions at prices ranging from $105.21 to $106.20, 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.
- F4This is a weighted average price. The shares were sold in multiple trade executions at prices ranging from $106.21 to $106.85, 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.
- F5These options are all exercisable.
- F6All of these options are exercisable.