Joseph W. Cavaliere - Feb 8, 2024 Form 4 Insider Report for Hanesbrands Inc. (HBI)

Role
President, Innerwear - Global
Signature
/s/ Miranda Stephani, Attorney-in-Fact
Stock symbol
HBI
Transactions as of
Feb 8, 2024
Transactions value $
-$22,175
Form type
4
Date filed
2/13/2024, 04:30 PM
Previous filing
Jan 30, 2024
Next filing
Feb 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HBI Common Stock Tax liability -$21.3K -4.68K -1.5% $4.56 308K Feb 9, 2024 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 -$825 -181 -28.37% $4.56 457 Feb 8, 2024 Common Stock 181 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, 2024 based on the closing price of Hanesbrands Inc. common stock on February 8, 2024.
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.

Remarks:

President, Innerwear - Global