Ben Pivar - May 6, 2021 Form 4 Insider Report for CARTERS INC (CRI)

Role
SVP, CIO
Signature
/s/Stewart T. Moran, III, Attorney-in-Fact
Stock symbol
CRI
Transactions as of
May 6, 2021
Transactions value $
-$90,237
Form type
4
Date filed
5/10/2021, 08:11 AM
Next filing
Feb 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRI Common Stock Options Exercise $130K +1.55K +17.34% $83.84 10.5K May 6, 2021 Direct
transaction CRI Common Stock Sale -$220K -2.02K -19.24% $109.10 8.48K May 6, 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 -1.55K -100% $0.00* 0 May 6, 2021 Common Stock 1.55K $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.