SEC Form 4 · accession 0001359841-18-000084
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
Oct 15, 2018
Accepted (ET)
Oct 16, 2018 · 4:51 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 | Oct 15, 2018 | M | 148,364 | $3.57 | A | 1,470,971 | D | |
| Common StockF2 | Oct 15, 2018 | F | 84,522 | $16.35 | D | 1,386,449 | D | |
| Common Stock | holding | — | — | — | 122 | 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 | $3.57 | Oct 15, 2018 | M | 148,364 | D | — | Dec 9, 2018 | Common Stock | 148,364 | 0 | D |
Explanation of responses
- F1The option exercise reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan.
- 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 October 15, 2018 of $16.35.
- F3The options vest in three installments of 33% on December 9, 2009, 33% on December 9, 2010 and 34% on December 9, 2011.