SEC Form 4 · accession 0001359841-15-000088

Hanesbrands Inc. · HBI

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — CEO · Director

Period of report

Apr 7, 2015

Accepted (ET)

Apr 9, 2015 · 4:37 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001359841

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Stock	Apr 7, 2015	M	520,000	$6.28	A	1,623,876	D
Common Stock^F2	Apr 7, 2015	F	298,289	$33.99	D	1,325,587	D
Common Stock^F3	Apr 8, 2015	S	221,711	$33.98	D	1,103,876	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Option (right to buy)^F4	$6.28	Apr 7, 2015	M	520,000	D	—	Feb 4, 2018	Common Stock	520,000	1,560,000	D

F1The option exercise and sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 20, 2014. For additional information, please refer to Item 9B of the Issuer's Annual Report on Form 10-K filed with the SEC on February 6, 2015.
F2Represents a "net exercise" of outstanding stock options. These shares were withheld by Hanesbrands Inc. for payment of the exercise price and applicable taxes, based on the market price of Hanesbrands Inc. common stock at the time of the option exercise on April 7, 2015 of $33.99.
F3This transaction was executed in multiple trades at prices ranging from $33.79 to $34.13. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request by the SEC staff, Hanesbrands Inc. or any security holder of Hanesbrands Inc. full information regarding the number of shares sold at each separate price.
F4The options vest in three installments of 33% on February 4, 2009, 33% on February 4, 2010 and 34% on February 4, 2011.