SEC Form 4 · accession 0001593968-18-001404
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 5, 2018
Accepted (ET)
Nov 6, 2018 · 4:34 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 | Nov 5, 2018 | M | 25,000 | $18.14 | A | 399,397 | D | |
| Common StockF1,F3,F2 | Nov 5, 2018 | S | 9,900 | $94.79 | D | 389,497 | D | |
| Common StockF1,F4,F2 | Nov 5, 2018 | S | 13,500 | $95.44 | D | 375,997 | D | |
| Common StockF1,F5,F2 | Nov 5, 2018 | S | 1,600 | $96.63 | D | 374,397 | 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 | $18.14 | Nov 5, 2018 | M | 25,000 | D | Mar 12, 2010 | Mar 12, 2019 | Common Stock | 25,000 | 50,000 | D |
Explanation of responses
- F1The transactions reported in this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan entered into on April 30, 2018.
- 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 $94.15 to $95.14, 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 $95.15 to $96.07, 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.
- F5This is a weighted average price. The shares were sold in multiple trade executions at prices ranging from $96.20 to $97.09, 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.
- F6All of these options are exercisable.