SEC FORM 4 SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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: 3235-0287
Estimated average burden
hours per response: 0.5
X
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Berkshire Partners LLC

(Last) (First) (Middle)
200 CLARENDON STREET, 35TH FLOOR

(Street)
BOSTON MA 02116

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CARTERS INC [ CRI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/28/2012
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 09/28/2012 J 2,927,430(1) D $0 4,668,937 I See Notes(2)
Common Stock 09/28/2012 J 48,087(1) D $0 132,625 D(3)
Common Stock 09/28/2012 J 24,483(1) D $0 52,957 D(4)
Common Stock 09/28/2012 J 22,682(1) D $0 0 D(5)
Common Stock 500,802 D(6)
Common Stock 94,094 D(7)
Common Stock 2,668 D(8)
Common Stock 53,517 D(9)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 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 (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
1. Name and Address of Reporting Person*
Berkshire Partners LLC

(Last) (First) (Middle)
200 CLARENDON STREET, 35TH FLOOR

(Street)
BOSTON MA 02116

(City) (State) (Zip)
1. Name and Address of Reporting Person*
Seventh Berkshire Associates LLC

(Last) (First) (Middle)
C/O BERKSHIRE PARTNERS LLC
200 CLARENDON STREET, 35TH FLOOR

(Street)
BOSTON MA 02116

(City) (State) (Zip)
1. Name and Address of Reporting Person*
Stockbridge Partners LLC

(Last) (First) (Middle)
C/O BERKSHIRE PARTNERS LLC
200 CLARENDON STREET, 35TH FLOOR

(Street)
BOSTON MA 02116

(City) (State) (Zip)
1. Name and Address of Reporting Person*
BERKSHIRE FUND VII-A L.P.

(Last) (First) (Middle)
C/O BERKSHIRE PARTNERS LLC
200 CLARENDON STREET, 35TH FLOOR

(Street)
BOSTON MA 02116

(City) (State) (Zip)
1. Name and Address of Reporting Person*
STOCKBRIDGE ASSOCIATES LLC

(Last) (First) (Middle)
200 CLARENDON STREET, 35TH FLOOR

(Street)
BOSTON MA 02116

(City) (State) (Zip)
1. Name and Address of Reporting Person*
Stockbridge Fund, L.P.

(Last) (First) (Middle)
C/O BERKSHIRE PARTNERS LLC
200 CLARENDON STREET, 35TH FLOOR

(Street)
BOSTON MA 02116

(City) (State) (Zip)
1. Name and Address of Reporting Person*
Stockbridge Fund M, L.P.

(Last) (First) (Middle)
200 CLARENDON STREET, 35TH FLOOR

(Street)
BOSTON MA 02116

(City) (State) (Zip)
1. Name and Address of Reporting Person*
Stockbridge Absolute Return Fund, L.P.

(Last) (First) (Middle)
C/O BERKSHIRE PARTNERS LLC
200 CLARENDON STREET, 35TH FLOOR

(Street)
BOSTON MA 02116

(City) (State) (Zip)
1. Name and Address of Reporting Person*
Stockbridge Master Fund (OS), L.P.

(Last) (First) (Middle)
200 CLARENDON STREET, 35TH STREET

(Street)
BOSTON MA 02116

(City) (State) (Zip)
1. Name and Address of Reporting Person*
BERKSHIRE FUND VII L.P.

(Last) (First) (Middle)
C/O BERKSHIRE PARTNERS LLC
200 CLARENDON STREET, 35TH FLOOR

(Street)
BOSTON MA 02116

(City) (State) (Zip)
Explanation of Responses:
1. Represents a pro-rata distribution to partners and, with respect to certain Reporting Persons, subsequent distributions by the general partner and certain limited partners to their respective partners.
2. Represents shares held indirectly by Berkshire Partners LLC ("Berkshire Partners"), Seventh Berkshire Associates LLC ("7BA") and Stockbridge Partners LLC ("Stockbridge Partners"). Berkshire Fund VII, L.P. ("Fund VII") distributed 2,466,341 shares for a total ownership of 3,826,155 shares. Berkshire Fund VII-A, L.P. ("Fund VII-A") distributed 461,089 shares for a total ownership of 715,311 shares. Stockbridge Partners has a total ownership of 127,471 shares on behalf of a managed account. 7BA is the sole general partner of Fund VII and Fund VII-A. Berkshire Partners, 7BA and Stockbridge Partners are under common control and may be deemed to be, but do not admit to being, a group for purposes of Section 13(d)(3) of the Securities Exchange Act of 1934. Each of Berkshire Partners, 7BA and Stockbridge Partners disclaims beneficial ownership of any securities except to the extent of its pecuniary interest therein.
3. Represents shares held directly by Berkshire Investors IV LLC ("Investors IV"). Investors IV may be deemed to be, but does not admit to being, a member of a group for purposes of Section 13(d)(3) of the Securities Exchange Act of 1934.
4. Represents shares held directly by Berkshire Investors III LLC ("Investors III"). Investors III may be deemed to be, but does not admit to being, a member of a group for purposes of Section 13(d)(3) of the Securities Exchange Act of 1934.
5. Represents shares held directly by Berkshire Partners.
6. Represents shares held directly by Stockbridge Fund, L.P. ("Stockbridge Fund"). Stockbridge Associates LLC ("SA LLC") is the sole general partner of Stockbridge Fund. SA LLC disclaims beneficial ownership of such shares of common stock except to the extent of its pecuniary interest therein. Stockbridge Fund and SA LLC may be deemed to be, but do not admit to being, a member of a group holding for purposes of Section 13(d)(3) of the Securities Exchange Act of 1934.
7. Represents shares held directly by Stockbridge Fund M, L.P. ("Stockbridge M"). SA LLC is the sole general partner of Stockbridge M. SA LLC disclaims beneficial ownership of such shares of common stock except to the extent of its pecuniary interest therein. Stockbridge M and SA LLC may be deemed to be, but do not admit to being, a member of a group for purposes of Section 13(d)(3) of the Securities Exchange Act of 1934.
8. Represents shares held directly by Stockbridge Absolute Return Fund, L.P. ("Stockbridge Absolute"). SA LLC is the sole general partner of Stockbridge Absolute. SA LLC disclaims beneficial ownership of such shares of common stock except to the extent of its pecuniary interest therein. Stockbridge Absolute and SA LLC may be deemed to be, but do not admit to being, a member of a group for purposes of Section 13(d)(3) of the Securities Exchange Act of 1934.
9. Represents shares held directly by Stockbridge Master Fund (OS), L.P. ("Master Fund"). SA LLC is the sole general partner of Master Fund. SA LLC disclaims beneficial ownership of such shares of common stock except to the extent of its pecuniary interest therein. Master Fund and SA LLC may be deemed to be, but do not admit to being, a member of a group for purposes of Section 13(d)(3) of the Securities Exchange Act of 1934.
Remarks:
Exhibit 99.1 (Joint Filer Information) incorporated herein by reference.
/s/ Sharlyn C. Heslam, Managing Director, Berkshire Partners LLC 10/02/2012
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
Unassociated Document
 
 

Exhibit 99.1
 

Joint Filer Information
 

 
Name of Joint Filer:
SEVENTH BERKSHIRE ASSOCIATES LLC
   
Address of Joint Filer:
C/O BERKSHIRE PARTNERS LLC
200 CLARENDON STREET, 35TH FLOOR
BOSTON, MA 02116
   
Relationship of Joint Filer to Issuer:
10% Owner
   
Issuer Name and Ticker or Trading Symbol:
CARTER’S, INC. [CRI]
   
Date of Earliest Transaction Required to be
Reported (Month/Day/Year):
9/28/2012
   
Designated Filer:
BERKSHIRE PARTNERS LLC
   
Signature:
 
   
SEVENTH BERKSHIRE ASSOCIATES LLC
 
   
By:
/s/ Sharlyn C. Heslam
 
Name:
Sharlyn C. Heslam
 
Title:
Managing Director
 
   
Dated:
October 2, 2012
 
     

 

 

 
1

 


 

Joint Filer Information
 

 
Name of Joint Filer:
STOCKBRIDGE PARTNERS LLC
   
Address of Joint Filer:
C/O BERKSHIRE PARTNERS LLC
200 CLARENDON STREET, 35TH FLOOR
BOSTON, MA 02116
   
Relationship of Joint Filer to Issuer:
10% Owner
   
Issuer Name and Ticker or Trading Symbol:
CARTER’S, INC. [CRI]
   
Date of Earliest Transaction Required to be
Reported (Month/Day/Year):
9/28/2012
   
Designated Filer:
BERKSHIRE PARTNERS LLC
   
Signature:
 
   
STOCKBRIDGE PARTNERS LLC
 
   
By:
Berkshire Partners LLC,
its sole Managing Member
 
   
By:
Berkshire Partners Holdings LLC,
its managing member
 
   
By:
/s/ Sharlyn C. Heslam
 
Name:
Sharlyn C. Heslam
 
Title:
Managing Director
 
   
Dated:
October 2, 2012
 

 

 
2

 


 

Joint Filer Information
 

 
Name of Joint Filer:
BERKSHIRE FUND VII, L.P.
   
Address of Joint Filer:
C/O BERKSHIRE PARTNERS LLC
200 CLARENDON STREET, 35TH FLOOR
BOSTON, MA 02116
   
Relationship of Joint Filer to Issuer:
10% Owner
   
Issuer Name and Ticker or Trading Symbol:
CARTER’S, INC. [CRI]
   
Date of Earliest Transaction Required to be
Reported (Month/Day/Year):
9/28/2012
   
Designated Filer:
BERKSHIRE PARTNERS LLC
   
Signature:
 
   
BERKSHIRE FUND VII, L.P.
 
   
By:
Seventh Berkshire Associates LLC,
its general partner
 
   
By:
/s/ Sharlyn C. Heslam
 
Name:
Sharlyn C. Heslam
 
Title:
Managing Director
 
   
Dated:
October 2, 2012
 

 

 

 
3

 


 

Joint Filer Information
 

 
Name of Joint Filer:
BERKSHIRE FUND VII-A, L.P.
   
Address of Joint Filer:
C/O BERKSHIRE PARTNERS LLC
200 CLARENDON STREET, 35TH FLOOR
BOSTON, MA 02116
   
Relationship of Joint Filer to Issuer:
10% Owner
   
Issuer Name and Ticker or Trading Symbol:
CARTER’S, INC. [CRI]
   
Date of Earliest Transaction Required to be
Reported (Month/Day/Year):
9/28/2012
   
Designated Filer:
BERKSHIRE PARTNERS LLC
   
Signature:
 
   
BERKSHIRE FUND VII-A, L.P.
 
   
By:
Seventh Berkshire Associates LLC,
its general partner
 
   
By:
/s/ Sharlyn C. Heslam
 
Name:
Sharlyn C. Heslam
 
Title:
Managing Director
 
   
Dated:
October 2, 2012
 

 

 

 
4

 


 

Joint Filer Information
 

 
Name of Joint Filer:
BERKSHIRE INVESTORS IV LLC
   
Address of Joint Filer:
C/O BERKSHIRE PARTNERS LLC
200 CLARENDON STREET, 35TH FLOOR
BOSTON, MA 02116
   
Relationship of Joint Filer to Issuer:
10% Owner
   
Issuer Name and Ticker or Trading Symbol:
CARTER’S, INC. [CRI]
   
Date of Earliest Transaction Required to be
Reported (Month/Day/Year):
9/28/2012
   
Designated Filer:
BERKSHIRE PARTNERS LLC
   
Signature:
 
   
BERKSHIRE INVESTORS IV LLC
 
   
By:
/s/ Sharlyn C. Heslam
 
Name:
Sharlyn C. Heslam
 
Title:
Managing Director
 
   
Dated:
October 2, 2012
 

 

 

 
5

 


 

Joint Filer Information
 

 
Name of Joint Filer:
BERKSHIRE INVESTORS III LLC
   
Address of Joint Filer:
C/O BERKSHIRE PARTNERS LLC
200 CLARENDON STREET, 35TH FLOOR
BOSTON, MA 02116
   
Relationship of Joint Filer to Issuer:
10% Owner
   
Issuer Name and Ticker or Trading Symbol:
CARTER’S, INC. [CRI]
   
Date of Earliest Transaction Required to be Reported (Month/Day/Year):
9/28/2012
   
Designated Filer:
BERKSHIRE PARTNERS LLC
   
Signature:
 
   
BERKSHIRE INVESTORS III LLC
 
   
By:
/s/ Sharlyn C. Heslam
 
Name:
Sharlyn C. Heslam
 
Title:
Managing Director
 
   
Dated:
October 2, 2012
 

 

 

 
6

 


 

Joint Filer Information
 

 
Name of Joint Filer:
STOCKBRIDGE ASSOCIATES LLC
   
Address of Joint Filer:
C/O BERKSHIRE PARTNERS LLC
200 CLARENDON STREET, 35TH FLOOR
BOSTON, MA 02116
   
Relationship of Joint Filer to Issuer:
10% Owner
   
Issuer Name and Ticker or Trading Symbol:
CARTER’S, INC. [CRI]
   
Date of Earliest Transaction Required to be
Reported (Month/Day/Year):
9/28/2012
   
Designated Filer:
BERKSHIRE PARTNERS LLC
   
Signature:
 
   
STOCKBRIDGE ASSOCIATES LLC
 
   
By:
/s/ Sharlyn C. Heslam
 
Name:
Sharlyn C. Heslam
 
Title:
Managing Director
 
   
Dated:
October 2, 2012
 

 

 

 
7

 


 

Joint Filer Information
 
 
Name of Joint Filer:
STOCKBRIDGE FUND, L.P.
   
Address of Joint Filer:
C/O BERKSHIRE PARTNERS LLC
200 CLARENDON STREET, 35TH FLOOR
BOSTON, MA 02116
   
Relationship of Joint Filer to Issuer:
10% Owner
   
Issuer Name and Ticker or Trading Symbol:
CARTER’S, INC. [CRI]
   
Date of Earliest Transaction Required to be Reported (Month/Day/Year):
9/28/2012
   
Designated Filer:
BERKSHIRE PARTNERS LLC
   
Signature:
 
   
STOCKBRIDGE FUND, L.P.
 
   
By:
StockbridgeAssociates LLC,
its general partner
 
   
By:
/s/ Sharlyn C. Heslam
 
Name:
Sharlyn C. Heslam
 
Title:
Managing Director
 
   
Dated:
October 2, 2012
 
 

 
 

 
8

 


 

Joint Filer Information
 

 
Name of Joint Filer:
STOCKBRIDGE FUND M, L.P.
   
Address of Joint Filer:
C/O BERKSHIRE PARTNERS LLC
200 CLARENDON STREET, 35TH FLOOR
BOSTON, MA 02116
   
Relationship of Joint Filer to Issuer:
10% Owner
   
Issuer Name and Ticker or Trading Symbol:
CARTER’S, INC. [CRI]
   
Date of Earliest Transaction Required to be
Reported (Month/Day/Year):
9/28/2012
   
Designated Filer:
BERKSHIRE PARTNERS LLC
   
Signature:
 
   
STOCKBRIDGE FUND M, L.P.
 
   
By:
StockbridgeAssociates LLC,
its general partner
 
   
By:
/s/ Sharlyn C. Heslam
 
Name:
Sharlyn C. Heslam
 
Title:
Managing Director
 
   
Dated:
October 2, 2012
 

 

 

 
9

 


 

Joint Filer Information
 

 
Name of Joint Filer:
STOCKBRIDGE ABSOLUTE RETURN FUND, L.P.
   
Address of Joint Filer:
C/O BERKSHIRE PARTNERS LLC
200 CLARENDON STREET, 35TH FLOOR
BOSTON, MA 02116
   
Relationship of Joint Filer to Issuer:
10% Owner
   
Issuer Name and Ticker or Trading Symbol:
CARTER’S, INC. [CRI]
   
Date of Earliest Transaction Required to be
Reported (Month/Day/Year):
9/28/2012
   
Designated Filer:
BERKSHIRE PARTNERS LLC
   
Signature:
 
   
STOCKBRIDGE ABSOLUTE RETURN FUND, L.P.
   
By:
StockbridgeAssociates LLC,
its general partner
 
   
By:
/s/ Sharlyn C. Heslam
 
Name:
Sharlyn C. Heslam
 
Title:
Managing Director
 
   
Dated:
October 2, 2012
 

 

 

 
10

 


 

Joint Filer Information
 

 
Name of Joint Filer:
STOCKBRIDGE MASTER FUND (OS), L.P.
   
Address of Joint Filer:
C/O BERKSHIRE PARTNERS LLC
200 CLARENDON STREET, 35TH FLOOR
BOSTON, MA 02116
   
Relationship of Joint Filer to Issuer:
10% Owner
   
Issuer Name and Ticker or Trading Symbol:
CARTER’S, INC. [CRI]
   
Date of Earliest Transaction Required to be
Reported (Month/Day/Year):
9/28/2012
   
Designated Filer:
BERKSHIRE PARTNERS LLC
   
Signature:
 
   
STOCKBRIDGE MASTER FUND (OS), L.P.
 
   
By:
StockbridgeAssociates LLC,
its general partner
 
   
By:
/s/ Sharlyn C. Heslam
 
Name:
Sharlyn C. Heslam
 
Title:
Managing Director
 
   
Dated:
October 2, 2012
 
 
 
 
 
 
 
11