SEC Form 4 · accession 0001359841-16-000403
Hanesbrands Inc. · HBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Elizabeth Burger
Officer — Chief Human Resources Officer
Period of report
Aug 12, 2016
Accepted (ET)
Aug 16, 2016 · 4:14 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,F2,F4,F3 | — | Aug 12, 2016 | I | 357 | D | — | — | Common Stock | 357 | 724 | D |
Explanation of responses
- F1Represents a hypothetical investment in Hanesbrands Inc. common stock under the Hanesbrands Inc. 401(k) SERP 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.
- F2The number of share equivalents reported was determined by dividing the dollar amount distributed from the Reporting Person's account by $26.87 (the closing price for Hanesbrands Inc. common stock on the valuation date of July 22, 2016).
- F3Following 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.
- F4The balance is determined by dividing the value in the Reporting Person's account following the reported transaction by $27.11 (the closing price for Hanesbrands common stock on the transaction date of August 12, 2016).