SEC Form 4 · accession 0001359841-17-000050
Hanesbrands Inc. · HBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gerald Evans
Officer — Chief Executive Officer · Director
Period of report
Mar 14, 2017
Accepted (ET)
Mar 16, 2017 · 4:08 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 14, 2017 | M | 113,475 | $6.28 | A | 1,061,098 | D | |
| Common StockF2 | Mar 14, 2017 | F | 72,442 | $20.22 | D | 988,656 | D | |
| Common Stock | Mar 15, 2017 | S | 41,033 | $20.26 | D | 947,623 | D | |
| Common Stock | holding | — | — | — | 117 | I | By 401(k) plan |
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 buy)F3 | $6.28 | Mar 14, 2017 | M | 113,475 | D | — | Feb 4, 2018 | Common Stock | 113,475 | 226,949 | D |
Explanation of responses
- F1The option exercise and sale reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 6, 2017.
- 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 March 14, 2017 of $20.22.
- F3The options vest in three installments of 33% on February 4, 2009, 33% on February 4, 2010 and 34% on February 4, 2011.