Richard F. Westenberger - Nov 16, 2021 Form 4 Insider Report for CARTERS INC (CRI)

Role
EVP and CFO
Signature
/s/Scott F. Duggan, Attorney-in-Fact
Stock symbol
CRI
Transactions as of
Nov 16, 2021
Transactions value $
-$306,540
Form type
4
Date filed
11/17/2021, 04:07 PM
Previous filing
Aug 9, 2021
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 $356K +6K +7.53% $59.27 85.7K Nov 16, 2021 Direct F1
transaction CRI Common Stock Sale -$662K -6K -7% $110.36 79.7K Nov 16, 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 -6K -100% $0.00* 0 Nov 16, 2021 Common Stock 6K $59.27 Direct F3
* 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 $110.31 to $110.66 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 20, 2014, 2015, 2016, and 2017.