Hanesbrands Inc. 4
4 · Hanesbrands Inc. · Filed Mar 24, 2014
Insider Transaction Report
Form 4
CHADEN LEE A
Director
Transactions
- Tax Payment
Common Stock
2014-03-20$75.56/sh−32,555$2,459,856→ 23,689 total - Exercise/Conversion
Common Stock
2014-03-20$25.10/sh+50,000$1,255,000→ 56,244 total - Sale
Common Stock
2014-03-21$75.68/sh−17,445$1,320,168→ 6,244 total - Exercise/Conversion
Employee Stock Option (right to buy)
2014-03-20−50,000→ 45,690 totalExercise: $25.10Exp: 2017-02-05→ Common Stock (50,000 underlying)
Holdings
- 13,527(indirect: By Trust)
Common Stock
Footnotes (4)
- [F1]Represents 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 20, 2014 of $75.56.
- [F2]The transaction was executed in multiple trades at prices ranging from $75.50 to $75.90. 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]These shares of common stock are held by the Lee A. Chaden Revocable Living Trust dated April 22, 2003, a trust of which the Reporting Person is the sole trustee.
- [F4]The options vest in three installments of 33% on February 5, 2008, 34% on February 5, 2009 and 33% on February 5, 2010.