SEC Form 4 · accession 0001593968-18-000395
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
Feb 21, 2018
Accepted (ET)
Feb 23, 2018 · 4:25 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 21, 2018 | A | 22,872 | $0.00 | A | 375,077 | D | |
| Common StockF4,F2,F3 | Feb 21, 2018 | A | 11,436 | $0.00 | A | 386,513 | 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)F5 | $120.25 | Feb 21, 2018 | A | 49,268 | A | Feb 21, 2019 | Feb 21, 2028 | Common Stock | 49,268 | 49,268 | D |
Explanation of responses
- F1These restricted shares cliff vest based upon the achievement of certain 2020 earnings targets.
- 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 are subject to restrictions that lapse in four equal annual installments beginning one year from the grant date.
- F5These time-vesting options are exercisable in four equal annual installments beginning one year from the grant date.