Douglas C. Palladini - Apr 3, 2025 Form 4 Insider Report for CARTERS INC (CRI)

Role: CEO & President, Director
Signature: /s/Derek Swanson, Attorney-in-Fact
Stock symbol: CRI
Transactions as of: Apr 3, 2025
Transactions value $: $0
Form type: 4
Date filed: 4/7/2025, 04:18 PM
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CRI	Common Stock	Award	$0	+98.4K		$0.00	98.4K	Apr 3, 2025	Direct	F1
transaction	CRI	Common Stock	Award	$0	+98.4K	+100%	$0.00	197K	Apr 3, 2025	Direct	F2

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

Explanation of Responses:

Id	Content
F1	These restricted shares are subject to restrictions that lapse in four equal annual installments beginning one year from the grant date.
F2	The performance-based restricted stock will be earned upon achieving share price hurdles for 20 consecutive trading days over a three-year performance period, starting on the award grant date and ending on the third anniversary of the award grant date. Share price hurdles were established using the closing price of stock on the grant date, using the following growth rates: 1/3 at 30% growth; 1/3 at 60% growth; 1/3 at 90% growth. The growth objectives may be achieved at any time over the three-year period, and the corresponding number of shares earned, but the shares will not vest until the end of the three-year period.

Content

These restricted shares are subject to restrictions that lapse in four equal annual installments beginning one year from the grant date.

The performance-based restricted stock will be earned upon achieving share price hurdles for 20 consecutive trading days over a three-year performance period, starting on the award grant date and ending on the third anniversary of the award grant date. Share price hurdles were established using the closing price of stock on the grant date, using the following growth rates: 1/3 at 30% growth; 1/3 at 60% growth; 1/3 at 90% growth. The growth objectives may be achieved at any time over the three-year period, and the corresponding number of shares earned, but the shares will not vest until the end of the three-year period.