MICHAEL DENNIS CASEY - 18 Nov 2022 Form 4 Insider Report for CARTERS INC (CRI)

Role
Chairman and CEO, Director
Signature
/s/Scott F. Duggan, Attorney-in-Fact
Issuer symbol
CRI
Transactions as of
18 Nov 2022
Net transactions value
-$2,416,915
Form type
4
Filing time
21 Nov 2022, 15:18:47 UTC
Previous filing
28 Feb 2022
Next filing
22 Nov 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRI Common Stock Options Exercise $718,056 +12,115 +2.7% $59.27 456,654 18 Nov 2022 Direct F1, F2
transaction CRI Common Stock Sale $908,746 -12,115 -2.7% $75.01 444,539 18 Nov 2022 Direct F1, F2, F3
transaction CRI Common Stock Sale $2,226,225 -29,683 -6.7% $75.00 414,856 18 Nov 2022 Direct F1, F2, F4

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 -12,115 -24% $0.000000 37,885 18 Nov 2022 Common Stock 12,115 $59.27 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transaction reported in this Form 4 was effectuated pursuant to a Rule 10b5-1 trading plan.
F2 Some of these shares are restricted shares that are subject to either time-vesting or performance-based restrictions.
F3 This is a weighted average price. The shares were sold in multiple trade executions at prices ranging from $75.00 to $75.24 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.
F4 The price reported reflects a single price point for all the 29,683 shares sold.
F5 The option vested in four equal installments on February 20, 2014, 2015, 2016, and 2017.