Tracy M. Preston - Jan 24, 2022 Form 4 Insider Report for Hanesbrands Inc. (HBI)

Signature
Tracy M. Preston
Stock symbol
HBI
Transactions as of
Jan 24, 2022
Transactions value $
$0
Form type
4
Date filed
1/26/2022, 04:29 PM
Next filing
Mar 31, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HBI Common Stock Award $0 +45.7K +200% $0.00 68.5K Jan 24, 2022 Direct F1
transaction HBI Common Stock Award $0 +30.7K +44.79% $0.00 99.2K Jan 24, 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of a performance share award ("PSA") granted to the Reporting Person on February 11, 2021. The number of shares of common stock that will be received upon vesting of the PSA was determined on January 24, 2022 based on the achievement of certain performance metrics during the fiscal year ended January 1, 2022. The PSA will be settled on a one-for-one basis in shares of common stock on February 11, 2024.
F2 Consists of restricted stock units that upon vesting are settled on a one-for-one basis in shares of common stock, vesting in three installments of 33% on January 24, 2023, 33% on January 24, 2024 and 34% on January 24, 2025.