Vanessa LeFebvre Robinson - 30 Sep 2024 Form 4 Insider Report for Hanesbrands Inc. (HBI)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
02 Oct 2024, 18:33:28 UTC
Prior SEC filing
12 Aug 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Miranda Stephani, Attorney-in-Fact

Key filing fact

Vanessa LeFebvre Robinson filed Form 4 for Hanesbrands Inc. (HBI) on 02 Oct 2024.

Key facts

  • This page summarizes Vanessa LeFebvre Robinson's Form 4 filing for Hanesbrands Inc. (HBI).
  • 3 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 02 Oct 2024, 18:33.

Change

  • Previous filing in this sequence was filed on 12 Aug 2024.
  • Current net transaction value: -$1,176,368.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

HBI transaction

Common Stock

Award

Transaction value
$0
Shares
+238,295
Change %
+120%
Price
$0.000000
Shares after
436,444
Date
30 Sep 2024
Ownership
Direct
Footnotes
F1
HBI transaction

Common Stock

Tax liability

Transaction value
$686,299
Shares
-93,374
Change %
-21%
Price
$7.35
Shares after
343,070
Date
01 Oct 2024
Ownership
Direct
Footnotes
F2
HBI transaction

Common Stock

Tax liability

Transaction value
$490,069
Shares
-66,676
Change %
-19%
Price
$7.35
Shares after
276,394
Date
01 Oct 2024
Ownership
Direct
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Vanessa LeFebvre Robinson is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote F1

Represents the acquisition of shares of common stock upon vesting of performance share awards ("PSAs") granted to the Reporting Person on August 8, 2022, January 23, 2023 and March 26, 2024. In connection with the September 30, 2024 closing (the "Closing") of the sale of the Issuer's global Champion business pursuant to that certain Stock and Asset Purchase Agreement, dated as of June 4, 2024, the Talent and Compensation Committee of the Board of Directors of the Issuer (the "Committee") approved the acceleration of the vesting of the PSAs at "target" level, effective immediately prior to the Closing and/or upon the Reporting Person's concurrent termination of employment with the Issuer.

Footnote F2

Represents shares of common stock withheld to pay taxes upon vesting of the PSAs. The number of shares withheld was determined on October 1, 2024 based on the closing price of Hanesbrands Inc. common stock on September 30, 2024.

Footnote F3

Represents shares of common stock withheld to pay taxes upon vesting of restricted stock units ("RSUs") originally granted to the Reporting Person on August 8, 2022, January 23, 2023 and March 26, 2024. In connection with the Closing, the Committee approved the acceleration of the vesting of the RSUs, effective immediately prior to the Closing and/or upon the Reporting Person's concurrent termination of employment with the Issuer. The number of shares withheld was determined on October 1, 2024 based on the closing price of Hanesbrands Inc. common stock on September 30, 2024.

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