Peter Royer Smith - Aug 4, 2021 Form 4 Insider Report for CARTERS INC (CRI)

Role
EVP Supply Chain
Signature
/s/Scott F. Duggan, Attorney-in-Fact
Stock symbol
CRI
Transactions as of
Aug 4, 2021
Transactions value $
-$272,080
Form type
4
Date filed
8/5/2021, 04:30 PM
Next filing
Feb 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRI Common Stock Options Exercise $587K +7K +25.32% $83.84 34.6K Aug 4, 2021 Direct F1
transaction CRI Common Stock Options Exercise $712K +8.2K +23.67% $86.88 42.8K Aug 4, 2021 Direct F1
transaction CRI Common Stock Sale -$1.57M -15.2K -35.48% $103.38 27.6K Aug 4, 2021 Direct F1, F2

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 CRI Employee Stock Option (Right to Purchase) Options Exercise $0 -7K -100% $0.00* 0 Aug 4, 2021 Common Stock 7K $83.84 Direct F3
transaction CRI Employee Stock Option (Right to Purchase) Options Exercise $0 -8.2K -100% $0.00* 0 Aug 4, 2021 Common Stock 8.2K $86.88 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Some of these shares are restricted shares that are subject to either time-vesting or performance-based restrictions.
F2 This is a weighted average price. The shares were sold in multiple trade executions at prices ranging from $103.34 to $103.39, inclusive. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
F3 The option vested in four equal installments on February 14, 2018, 2019, 2020 and 2021.
F4 The option vested in four equal installments on November 11, 2016, 2017, 2018 and 2019.