Ben Pivar - 06 May 2021 Form 4 Insider Report for CARTERS INC (CRI)

Role: SVP, CIO
Signature: /s/Stewart T. Moran, III, Attorney-in-Fact
Issuer symbol: CRI
Transactions as of: 06 May 2021
Net transactions value: -$90,237
Form type: 4
Filing time: 10 May 2021, 08:11:39 UTC
Next filing: 14 Feb 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	$130,036	+1,551	+17%	$83.84	10,496	06 May 2021	Direct
transaction	CRI	Common Stock	Sale	$220,273	-2,019	-19%	$109.10	8,477	06 May 2021	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	-1,551	-100%	$0.000000^*	0	06 May 2021	Common Stock	1,551	$83.84	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This is a weighted average price. The shares were sold in multiple trade executions at prices ranging from $109.04 to $109.12 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.
F2	Some of these shares are restricted shares that are subject to either time-vesting or performance-based restrictions.
F3	These time-vesting options are exercisable in four equal annual installments beginning one year from the grant date.