Michael Dastugue - 03 May 2022 Form 4 Insider Report for Hanesbrands Inc. (HBI)

Role
Chief Financial Officer
Signature
/s/ Tracy M. Preston, attorney-in-fact
Issuer symbol
HBI
Transactions as of
03 May 2022
Net transactions value
-$49,612
Form type
4
Filing time
05 May 2022, 16:49:50 UTC
Previous filing
26 Jan 2022
Next filing
27 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HBI Common Stock Tax liability $47,883 -3,490 -2.6% $13.72 129,291 04 May 2022 Direct F1

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 HBI Phantom Stock Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities $1,729 -126 -10% $13.72 1,138 03 May 2022 Common Stock 126 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock withheld to pay taxes upon vesting of restricted stock units originally granted to the Reporting Person on May 3, 2021. The number of shares withheld was determined on May 4, 2022 based on the closing price of Hanesbrands Inc. common stock on May 3, 2021.
F2 Represents a hypothetical investment in Hanesbrands Inc. common stock under the Hanesbrands Inc. Supplemental Employee Retirement Plan (the "Plan"). Following the Reporting Person's retirement or other termination of employment from Hanesbrands Inc. or as otherwise permitted under the terms of the Plan, balances in the Plan are settled in cash based on the value of Hanesbrands Inc. common stock on the applicable valuation dates determined under the terms of the Plan. The number of share equivalents shown is an estimate because the Reporting Person's interest in the Plan is denominated in units.
F3 Following the Reporting Person's retirement or other termination of employment from Hanesbrands Inc. or as otherwise permitted under the terms of the Plan, balances in the Plan are settled in cash based on the value of Hanesbrands Inc. common stock on the applicable valuation dates determined under the terms of the Plan.