SEC Form 4 · accession 0001593968-18-000508
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
Mar 5, 2018
Accepted (ET)
Mar 6, 2018 · 7:12 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 | Mar 5, 2018 | M | 4,500 | $18.14 | A | 75,604 | D | |
| Common StockF1,F2 | Mar 5, 2018 | M | 13,000 | $28.04 | A | 88,604 | D | |
| Common StockF1,F2 | Mar 5, 2018 | M | 9,000 | $28.44 | A | 97,604 | D | |
| Common StockF1,F3,F2 | Mar 5, 2018 | S | 8,019 | $115.67 | D | 89,585 | D | |
| Common StockF1,F4,F2 | Mar 5, 2018 | S | 18,481 | $116.31 | D | 71,104 | 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)F1,F5 | $18.14 | Mar 5, 2018 | M | 4,500 | D | Mar 12, 2010 | Mar 12, 2019 | Common Stock | 4,500 | 0 | D |
| Option (right to buy)F1,F5 | $28.44 | Mar 5, 2018 | M | 9,000 | D | Feb 24, 2012 | Feb 24, 2021 | Common Stock | 9,000 | 3,000 | D |
| Option (right to buy)F1,F5 | $28.04 | Mar 5, 2018 | M | 13,000 | D | Feb 16, 2011 | Feb 16, 2020 | Common Stock | 13,000 | 0 | D |
Explanation of responses
- F1The transaction reported in this Form 4 was effectuated pursuant to a Rule 10b5-1 trading plan entered into on November 2, 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 $114.93 to $115.90, 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 $115.93 to $116.90, 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.