SEC Form 4 · accession 0001359841-18-000136
Hanesbrands Inc. · HBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard A Noll
Director
Period of report
Dec 11, 2018
Accepted (ET)
Dec 13, 2018 · 4:23 pm EST
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 StockF1 | Dec 11, 2018 | A | 9,409 | $0.00 | A | 823,512 | D | |
| Common StockF2 | Dec 11, 2018 | F | 79,470 | $15.16 | D | 744,042 | D | |
| Common StockF3 | Dec 11, 2018 | F | 20,246 | $15.16 | D | 723,796 | D | |
| Common StockF4 | Dec 12, 2018 | D | 6,683 | — | D | 717,113 | D | |
| Common StockF5 | Dec 13, 2018 | D | 35,869 | — | D | 681,244 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF6,F4,F9,F7,F8 | — | Dec 12, 2018 | A | 6,683 | A | — | — | Common Stock | 6,683 | 334,689 | D |
| Phantom StockF6,F5,F7,F8 | — | Dec 13, 2018 | A | 35,869 | A | — | — | Common Stock | 35,869 | 370,558 | D |
Explanation of responses
- F1Consists of restricted stock units that upon vesting on the first anniversary of the grant date are settled on a one-for-one basis in shares of common stock.
- F2Represents shares of common stock withheld to pay taxes upon vesting of performance stock units originally granted to the Reporting Person on December 8, 2015. The number of shares withheld was determined on December 11, 2018 based on the closing price of Hanesbrands Inc. common stock on December 7, 2018.
- F3Represents shares of common stock withheld to pay taxes upon vesting of restricted stock units originally granted to the Reporting Person on December 8, 2015. The number of shares withheld was determined on December 11, 2018 based on the closing price of Hanesbrands Inc. common stock on December 7, 2018.
- F4Represents a deferral by the Reporting Person of 6,683 shares of Hanesbrands Inc. common stock upon the vesting of restricted stock units granted to the Reporting Person on December 12, 2017. The amount deferred was deemed to be invested in a stock equivalent account (the "HBI Stock Fund") in the Hanesbrands Inc. Executive Deferred Compensation Plan (the "Plan").
- F5Represents a deferral by the Reporting Person of 35,869 shares of Hanesbrands Inc. common stock upon the vesting of restricted stock units granted to the Reporting Person on December 13, 2016. The amount deferred was deemed to be invested in the HBI Stock Fund in the Plan.
- F6Represents an HBI Stock Fund balance under the Plan. Balances in the HBI Stock Fund are settled on a share-for-share basis of Hanesbrands Inc. common stock.
- F71-for-1
- F8Balances in the HBI Stock Fund are settled on a share-for-share basis in Hanesbrands Inc. common stock at the time specified by the Reporting Person at the time of the Reporting Person's deferral election, which in no case shall be prior to the January 1 following the first anniversary of the date the deferral election is made.
- F9Includes acquisitions of 2,406.65, 2,543.26, 2,707.11 and 3,153.91 phantom stock units acquired through deemed dividend reinvestment on March 13, 2018, June 5, 2018, September 5, 2018 and December 4, 2018, respectively.