Hanesbrands Inc. 4
4 · Hanesbrands Inc. · Filed Aug 26, 2013
Insider Transaction Report
Form 4
Oliver Kevin
EVP Human Resources
Transactions
- Exercise/Conversion
Common Stock
2013-08-22$24.33/sh+25,424$618,566→ 85,178 total - Sale
Common Stock
2013-08-26$61.29/sh−7,974$488,743→ 59,754 total - Exercise/Conversion
Employee Stock Option (right to buy)
2013-08-22−25,424→ 0 totalExercise: $24.33Exp: 2019-12-08→ Common Stock (25,424 underlying) - Tax Payment
Common Stock
2013-08-22$61.22/sh−17,450$1,068,289→ 67,728 total
Footnotes (3)
- [F1]Represents a "net exercise" of outstanding stock options. These shares were withheld by Hanesbrands Inc. for payment of the option exercise price and applicable taxes, based on the market price of Hanesbrands Inc. common stock at the time of the option exercise on August 22, 2103 of $61.22.
- [F2]The transaction was executed in multiple trades at prices ranging from $61.13 to $61.50. 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.
- [F3]The options vest in three installments of 33% on December 8, 2010, 33% on December 8, 2011 and 34% on December 8, 2012.