Julie D'Emilio - Dec 9, 2022 Form 4 Insider Report for CARTERS INC (CRI)

Role
EVP, Sales
Signature
/s/Scott F. Duggan, Attorney-in-Fact
Stock symbol
CRI
Transactions as of
Dec 9, 2022
Transactions value $
-$67,500
Form type
4
Date filed
12/12/2022, 03:21 PM
Previous filing
Feb 28, 2022
Next filing
Feb 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRI Common Stock Options Exercise $296K +5K +14.81% $59.27 38.8K Dec 9, 2022 Direct F1
transaction CRI Common Stock Sale -$364K -5K -12.9% $72.77 33.8K Dec 9, 2022 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 -5K -100% $0.00* 0 Dec 9, 2022 Common Stock 5K $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 $72.77 to $72.78 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.