Markland Scott Lewis - 28 Jan 2025 Form 4 Insider Report for Hanesbrands Inc. (HBI)

Role
Chief Financial Officer and Chief Accounting Officer
Signature
/s/ Miranda Stephani, Attorney-in-Fact
Issuer symbol
HBI
Transactions as of
28 Jan 2025
Net transactions value
-$30,101
Form type
4
Filing time
04 Feb 2025, 21:24:46 UTC
Previous filing
15 Jul 2024
Next filing
31 Jan 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HBI Common Stock Award $0 +72,115 +27% $0.000000 341,962 28 Jan 2025 Direct F1
transaction HBI Common Stock Award $0 +6,650 +1.9% $0.000000 348,612 28 Jan 2025 Direct F2
transaction HBI Common Stock Tax liability $30,101 -3,707 -1.1% $8.12 344,905 03 Feb 2025 Direct F3
holding HBI Common Stock 2,087 28 Jan 2025 By 401(k) plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of restricted stock units that upon vesting are settled on a one-for-one basis in shares of common stock, vesting in three installments of 33% on January 28, 2026, 33% on January 28, 2027 and 34% on January 28, 2028.
F2 Consists of a performance share award ("PSA") granted to the Reporting Person on January 24, 2022. The number of shares of common stock that will be received upon vesting of the PSA was determined on January 28, 2025 based on the achievement of certain performance metrics during the fiscal years ended December 31, 2022, December 30, 2023 and December 28, 2024. The PSA will be settled on a one-for-one basis in shares of common stock on February 28, 2025.
F3 Represents shares of common stock withheld to pay taxes upon vesting of restricted stock units originally granted to the Reporting Person on February 1, 2023. The number of shares withheld was determined on February 3, 2025 based on the closing price of Hanesbrands Inc. common stock on January 31, 2025.

Remarks:

Chief Financial Officer and Chief Accounting Officer