Michael Dennis Casey - Nov 21, 2022 Form 4 Insider Report for CARTERS INC (CRI)

Role
Chairman and CEO, Director
Signature
/s/Scott F. Duggan, Attorney-in-Fact
Stock symbol
CRI
Transactions as of
Nov 21, 2022
Transactions value $
-$1,527,557
Form type
4
Date filed
11/22/2022, 03:17 PM
Previous filing
Nov 21, 2022
Next filing
Nov 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRI Common Stock Options Exercise $480K +8.1K +1.95% $59.27 423K Nov 21, 2022 Direct F1, F2
transaction CRI Common Stock Sale -$607K -8.1K -1.91% $75.00 415K Nov 21, 2022 Direct F1, F2, F3
transaction CRI Common Stock Sale -$1.4M -18.7K -4.5% $75.00 396K Nov 21, 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 -8.1K -21.38% $0.00 29.8K Nov 21, 2022 Common Stock 8.1K $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 $75.08 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 18,669 shares sold.
F5 The option vested in four equal installments on February 20, 2014, 2015, 2016, and 2017.