Hanesbrands Inc.

10/02/2024 | Press release | Distributed by Public on 10/02/2024 16:34

Statement of Changes in Beneficial Ownership - Form 4

Ownership Submission
FORM 4
Check this box if no longer subject to Section 16, Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287Expires:January 31, 2005Estimated average burden hours per response...0.5
1. Name and Address of Reporting Person *
Robinson Vanessa LeFebvre
2. Issuer Name and Ticker or Trading Symbol
Hanesbrands Inc. [HBI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
President Activewear - Global /
(Last) (First) (Middle)
1000 E HANES MILL ROAD
3. Date of Earliest Transaction (Month/Day/Year)
(Street)
WINSTON-SALEM NC 27105
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Join/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code 4. Securities Acquired (A) or Disposed of (D) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) 6. Ownership Form: Direct (D) or Indirect (I) 7. Nature of Indirect Beneficial Ownership
Code V Amount (A) or (D) Price
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code 5. Number of Derivative Securities Acquired (A) or Disposed of (D) 6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security 8. Price of Derivative Security 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) 11. Nature of Indirect Beneficial Ownership
Code V (A) (D) Date Exercisable Expriation Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Robinson Vanessa LeFebvre
1000 E HANES MILL ROAD

WINSTON-SALEM, NC27105


President Activewear - Global

Signatures

/s/ Miranda Stephani, Attorney-in-Fact 2024-10-02
**Signature of Reporting Person Date

Explanation of Responses:

(*) If the form is filed by more than one reporting person, see Instruction 5(b)(v).
(**) Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) 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.
(2) 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.
(3) 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.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.