Michael Dennis Casey - Dec 13, 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
Dec 13, 2022
Transactions value $
-$1,349,310
Form type
4
Date filed
12/14/2022, 03:31 PM
Previous filing
Nov 23, 2022
Next filing
Dec 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRI Common Stock Options Exercise $554K +9.36K +2.36% $59.27 406K Dec 13, 2022 Direct F1, F2
transaction CRI Common Stock Sale -$702K -9.36K -2.31% $75.03 396K Dec 13, 2022 Direct F1, F2, F3
transaction CRI Common Stock Sale -$1.2M -16K -4.04% $75.00 380K Dec 13, 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 -9.36K -74.84% $0.00 3.15K Dec 13, 2022 Common Stock 9.36K $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 $75.28, 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 16,025 shares sold.
F5 The option vested in four equal installments on February 20, 2014, 2015, 2016, and 2017.