Hanesbrands Inc. 4
4 · Hanesbrands Inc. · Filed Feb 6, 2008
Insider Transaction Report
Form 4
PETERSON ALICE M
Director
Transactions
- Award
Common Stock
2008-02-04+4,382→ 8,167 total - Disposition to Issuer
Common Stock
2008-02-05−3,785→ 4,382 total - Award
Phantom Stock
2008-02-05$23.55/sh+3,785$89,137→ 5,350 total→ Common Stock (3,785 underlying)
Footnotes (5)
- [F1]Consists 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.
- [F2]Represents a deferral of 3,785 shares of Hanesbrands Inc. common stock upon the vesting of restricted stock units granted to the Reporting Person on February 5, 2007 in accordance with the terms of these restricted stock units. The amount deferred was contributed to a Stock Equivalent Account balance under the Hanesbrands Inc. Non-Employee Director Deferred Compensation Plan (the "Plan").
- [F3]Represents a Stock Equivalent Account balance under the Plan. Balances in the Stock Equivalent Account may not be reallocated and are settled on a share-for-share basis of Hanesbrands Inc. common stock.
- [F4]1-for-1
- [F5]Balances in the Stock Equivalent Account are settled on a share-for-share basis of Hanesbrands Inc. common stock. Settlement generally occurs 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. With respect to the deferral of shares of Hanesbrands Inc. common stock resulting from the vesting of these restricted stock units, settlement will occur, in accordance with the terms of these restricted stock units, six months after the Reporting Person ceases serving as a member of the Board of Directors of Hanesbrands Inc.