SEC Form 4 · accession 0001359841-15-000086
Hanesbrands Inc. · HBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael S. Ryan
Officer — Controller and CAO
Period of report
Mar 31, 2015
Accepted (ET)
Apr 2, 2015 · 6:19 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001359841
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF1,F3,F4,F5,F2 | — | Mar 31, 2015 | I | 80 | D | — | — | Common Stock | 80 | 162 | D |
Explanation of responses
- F1Represents a hypothetical investment in Hanesbrands Inc. common stock under the Hanesbrands Inc. Supplemental Employee Retirement Plan (the "Plan"). Following the Reporting Person's retirement or other termination of employment from Hanesbrands Inc. or as otherwise permitted under the terms of the Plan, balances in the Plan are settled in cash based on the value of Hanesbrands Inc. common stock on the applicable valuation dates determined under the terms of the Plan. The number of share equivalents shown is an estimate because the Reporting Person's interest in the Plan is denominated in units.
- F2Following the Reporting Person's retirement or other termination of employment from Hanesbrands Inc. or as otherwise permitted under the terms of the Plan, balances in the Plan are settled in cash based on the value of Hanesbrands Inc. common stock on the applicable valuation dates determined under the terms of the Plan.
- F3The number of share equivalents reported was determined by dividing the dollar amount distributed from the Reported Person's account by $29.78 (the split-adjusted closing price for Hanesbrands Inc. common stock on the valuation date of February 13, 2015).
- F4The balance is determined by dividing the value in the Reporting Person's account following the reported transaction by $33.51 (the closing price for Hanesbrands Inc. common stock on the transaction date of March 31, 2015).
- F5On March 3, 2015, the common stock of Hanesbrands Inc. split 4-for-1, resulting in the Reporting Person's ownership of 181 additional shares of phantom stock.