Joseph W. Cavaliere - 08 Feb 2023 Form 4 Insider Report for Hanesbrands Inc. (HBI)

Role: President Innerwear Global
Signature: /s/ Tracy M. Preston, Attorney-in-Fact
Issuer symbol: HBI
Transactions as of: 08 Feb 2023
Net transactions value: -$34,568
Form type: 4
Filing time: 10 Feb 2023, 15:15:46 UTC
Previous filing: 27 Jan 2023
Next filing: 30 Jan 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HBI	Common Stock	Tax liability	$26,994	-4,583	-1.4%	$5.89	331,225	09 Feb 2023	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	HBI	Phantom Stock	Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities	$7,575	-1,286	-67%	$5.89	643	08 Feb 2023	Common Stock	1,286		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares of common stock withheld to pay taxes upon vesting of restricted stock units originally granted to the Reporting Person on February 8, 2021. The number of shares withheld was determined on February 9, 2023 based on the closing price of Hanesbrands Inc. common stock on February 8, 2023.
F2	Represents a hypothetical investment in Hanesbrands Inc. common stock under the Hanesbrands Inc. Supplemental Employee Retirement Plan (the "Plan"). Following the Reporting Person's retirement or other termination of employment from Hanesbrands Inc. or as otherwise permitted under the terms of the Plan, balances in the Plan are settled in cash based on the value of Hanesbrands Inc. common stock on the applicable valuation dates determined under the terms of the Plan. The number of share equivalents shown is an estimate because the Reporting Person's interest in the Plan is denominated in units.

Content

Represents shares of common stock withheld to pay taxes upon vesting of restricted stock units originally granted to the Reporting Person on February 8, 2021. The number of shares withheld was determined on February 9, 2023 based on the closing price of Hanesbrands Inc. common stock on February 8, 2023.

Represents a hypothetical investment in Hanesbrands Inc. common stock under the Hanesbrands Inc. Supplemental Employee Retirement Plan (the "Plan"). Following the Reporting Person's retirement or other termination of employment from Hanesbrands Inc. or as otherwise permitted under the terms of the Plan, balances in the Plan are settled in cash based on the value of Hanesbrands Inc. common stock on the applicable valuation dates determined under the terms of the Plan. The number of share equivalents shown is an estimate because the Reporting Person's interest in the Plan is denominated in units.