Tracy M. Preston - 29 Mar 2023 Form 4 Insider Report for Hanesbrands Inc. (HBI)

Role
EVP, Chief Legal & Compliance Officer and Corporate Secretary
Signature
/s/ Tracy M. Preston
Issuer symbol
HBI
Transactions as of
29 Mar 2023
Transactions value $
-$26,297
Form type
4
Filing time
31 Mar 2023, 16:15:21 UTC
Previous filing
27 Jan 2023
Next filing
16 Jan 2024
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 -$16,759 -3,332 -2.2% $5.03 149,579 30 Mar 2023 Direct F1
holding HBI Common Stock 3,000 29 Mar 2023 Shares Owned by Trust

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 -$9,536 -1,896 -67% $5.03 948 29 Mar 2023 Common Stock 1,896 Direct F2
* 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 March 29, 2021. The number of shares withheld was determined on March 30, 2023 based on the closing price of Hanesbrands Inc. common stock on March 29, 2023.
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.

Remarks:

EVP, Chief Legal & Compliance Officer and Corporate Secretary