Mark A. Irvin - Feb 28, 2024 Form 4 Insider Report for Hanesbrands Inc. (HBI)

Role
Director
Signature
/s/ Miranda Stephani, Attorney-in-Fact
Stock symbol
HBI
Transactions as of
Feb 28, 2024
Transactions value $
$0
Form type
4
Date filed
3/1/2024, 05:48 PM
Previous filing
Jan 31, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HBI Common Stock Disposed to Issuer -25K -42.77% 33.5K Feb 28, 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 Award +25K 25K Feb 28, 2024 Common Stock 25K Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a deferral by the Reporting Person of 25,015 shares of Hanesbrands Inc. common stock upon the vesting of restricted stock units granted to the Reporting Person on February 28, 2023. The amount deferred was deemed to be invested in a stock equivalent account (the "HBI Stock Fund") in the Hanesbrands Inc. Non-Employee Director Deferred Compensation Plan (the "Plan").
F2 Represents an HBI Stock Fund balance under the Plan. Balances in the HBI Stock Fund are settled on a share-for-share basis in shares of Hanesbrands Inc. common stock.
F3 1-for-1
F4 Balances in the HBI Stock Fund are settled on a share-for-share basis in shares of Hanesbrands Inc. common stock (i) with respect to deferrals prior to 2008, at the time specified by the Reporting Person at the time of the Reporting Person's deferral election; (ii) with respect to deferrals from 2008 through 2022, on the earlier of the fifth anniversary of the date of the deferral or the Reporting Person's separation from service as a director; and (iii) with respect to deferrals on or after January 1, 2023, (a) on the distribution date specified by the Reporting Person, (b) upon the Reporting Person's separation from service as a director or (c) upon the earlier of either the distribution date specified or the Reporting Person's separation from service as a director.