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
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)
08/08/2011
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 08/08/2011 P 486,876(1) A $29.4698(1)(2) 7,159,081 I See Footnotes(6)(7)
Common Stock 08/08/2011 P 34,965(1) A $29.4698(1)(2) 140,240 D(8)
Common Stock 08/08/2011 P 11,000(1) A $29.4698(1)(2) 64,599 D(9)
Common Stock 08/08/2011 P 10,234(1) A $29.8792(1)(3) 7,169,315 I See Footnotes(7)(10)
Common Stock 08/08/2011 P 735(1) A $29.8792(1)(3) 140,975 D(8)
Common Stock 08/08/2011 P 231(1) A $29.8792(1)(3) 64,830 D(9)
Common Stock 08/09/2011 P 325,873(1) A $29.0538(1)(4) 7,495,188 I See Footnotes(7)(11)
Common Stock 08/09/2011 P 23,053(1) A $29.0538(1)(4) 164,028 D(8)
Common Stock 08/09/2011 P 7,274(1) A $29.0538(1)(4) 72,104 D(9)
Common Stock 08/10/2011 P 237,037(1) A $29.4171(1)(5) 7,732,225 I See Footnotes(7)(12)
Common Stock 08/10/2011 P 16,684(1) A $29.4171(1)(5) 180,712 D(8)
Common Stock 08/10/2011 P 5,336(1) A $29.4171(1)(5) 77,440 D(9)
Common Stock 828,019 D(13)
Common Stock 144,296 D(14)
Common Stock 6,944 D(15)
Common Stock 72,355 D(16)
Common Stock 22,682 D(17)
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 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*
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*
Berkshire Investors IV 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 Investors III 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 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)
Explanation of Responses:
1. The number of securities reported represents an aggregate number of shares purchased in multiple open market transactions over a range of purchase prices. The price reported represents the weighted average price. The applicable Reporting Person undertakes to provide the staff of the SEC, the Issuer, or a stockholder of the Issuer, upon request, the number of shares purchased by such Reporting Person at each separate price within the range.
2. Purchase prices range from $28.82 to $29.81 per share, inclusive.
3. Purchase prices range from $29.82 to $30.00 per share, inclusive.
4. Purchase prices range from $28.35 to $29.25 per share, inclusive.
5. Purchase prices range from $29.05 to $29.67 per share, inclusive.
6. 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") acquired 410,190 shares through a wholly owned subsidiary for a total ownership of 5,809,626 shares. Berkshire Fund VII-A, L.P. ("Fund VII-A") acquired 76,686 shares through a wholly owned subsidiary for a total ownership of 1,086,126 shares. Stockbridge Partners has a total ownership of 263,329 shares on behalf of a managed account.
7. 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.
8. 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 holding over 10% of the outstanding common stock of the Issuer for purposes of Section 13(d)(3) of the Securities Exchange Act of 1934.
9. 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 holding over 10% of the outstanding common stock of the Issuer for purposes of Section 13(d)(3) of the Securities Exchange Act of 1934.
10. Represents shares held indirectly by Berkshire Partners, 7BA and Stockbridge Partners. Fund VII acquired 8,622 shares through a wholly owned subsidiary for a total ownership of 5,818,248 shares. Fund VII-A acquired 1,612 shares through a wholly owned subsidiary for a total ownership of 1,087,738 shares. Stockbridge Partners has a total ownership of 263,329 shares on behalf of a managed account.
11. Represents shares held indirectly by Berkshire Partners, 7BA and Stockbridge Partners. Fund VII acquired 274,545 shares through a wholly owned subsidiary for a total ownership of 6,092,793 shares. Fund VII-A acquired 51,328 shares through a wholly owned subsidiary for a total ownership of 1,139,066 shares. Stockbridge Partners has a total ownership of 263,329 shares on behalf of a managed account.
12. Represents shares held indirectly by Berkshire Partners, 7BA and Stockbridge Partners. Fund VII acquired 199,703 shares through a wholly owned subsidiary for a total ownership of 6,292,496 shares. Fund VII-A acquired 37,334 shares through a wholly owned subsidiary for a total ownership of 1,176,400 shares. Stockbridge Partners has a total ownership of 263,329 shares on behalf of a managed account.
13. 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 over 10% of the outstanding common stock of the Issuer for purposes of Section 13(d)(3) of the Securities Exchange Act of 1934.
14. 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 holding over 10% of the outstanding common stock of the Issuer for purposes of Section 13(d)(3) of the Securities Exchange Act of 1934.
15. 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 holding over 10% of the outstanding common stock of the Issuer for purposes of Section 13(d)(3) of the Securities Exchange Act of 1934.
16. 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 holding over 10% of the outstanding common stock of the Issuer for purposes of Section 13(d)(3) of the Securities Exchange Act of 1934.
17. Represents shares held directly by Berkshire Partners.
Remarks:
Exhibit 99.1 (Joint Filer Information) incorporated herein by reference.
Robert J. Small, Managing Director Berkshire Partners LLC 08/10/2011
** 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.
mm08-1011carter_4e991.htm
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):
8/8/2011
   
Designated Filer:
BERKSHIRE PARTNERS LLC

Signature:

SEVENTH BERKSHIRE ASSOCIATES LLC


By:
/s/  Robert J. Small
 
Name:
Robert J. Small
 
Title:
Managing Director
 


Dated: August 10, 2011


 
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 Event Requiring Statement
 
(Month/Day/Year):
8/8/2011
   
Designated Filer:
BERKSHIRE PARTNERS LLC

Signature:

STOCKBRIDGE PARTNERS LLC


By:
Berkshire Partners LLC,
its sole Managing Member
 
     
     
By:
/s/  Robert J. Small
 
Name:
Robert J. Small
 
Title:
Managing Director
 

Dated: August 10, 2011
 
 

 
 
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):
8/8/2011
   
Designated Filer:
BERKSHIRE PARTNERS LLC

Signature:

BERKSHIRE FUND VII, L.P.


By:
Seventh Berkshire Associates LLC,
its general partner
 
     
     
By:
/s/  Robert J. Small
 
Name:
Robert J. Small
 
Title:
Managing Director
 

Dated: August 10, 2011
 
 
 
 
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):
8/8/2011
   
Designated Filer:
BERKSHIRE PARTNERS LLC

Signature:

BERKSHIRE FUND VII-A, L.P.


By:
Seventh Berkshire Associates LLC,
its general partner
 
     
     
By:
/s/  Robert J. Small
 
Name:
Robert J. Small
 
Title:
Managing Director
 

Dated: August 10, 2011
 
 
 

 
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):
8/8/2011
   
Designated Filer:
BERKSHIRE PARTNERS LLC

Signature:

BERKSHIRE INVESTORS IV LLC


By:
/s/  Robert J. Small
 
Name:
Robert J. Small
 
Title:
Managing Director
 

Dated: August 10, 2011

 
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):
8/8/2011
   
Designated Filer:
BERKSHIRE PARTNERS LLC

Signature:

BERKSHIRE INVESTORS III LLC


By:
/s/  Robert J. Small
 
Name:
Robert J. Small
 
Title:
Managing Director
 

Dated: August 10, 2011
 
 
 

 
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):
8/8/2011
   
Designated Filer:
BERKSHIRE PARTNERS LLC

Signature:

STOCKBRIDGE ASSOCIATES LLC


By:
/s/  Robert J. Small
 
Name:
Robert J. Small
 
Title:
Managing Director
 

Dated: August 10, 2011
 
 

 
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):
8/8/2011
   
Designated Filer:
BERKSHIRE PARTNERS LLC

Signature:

STOCKBRIDGE FUND, L.P.


By:
Stockbridge Associates LLC,
its general partner
 
 

By:
/s/  Robert J. Small
 
Name:
Robert J. Small
 
Title:
Managing Director
 


Dated: August 10, 2011


 
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):
8/8/2011
   
Designated Filer:
BERKSHIRE PARTNERS LLC

Signature:

STOCKBRIDGE FUND M, L.P.


By:
Stockbridge Associates LLC,
its general partner
 
 
By:
/s/  Robert J. Small
 
Name:
Robert J. Small
 
Title:
Managing Director
 

Dated: August 10, 2011
 
 
 

 
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):
8/8/2011
   
Designated Filer:
BERKSHIRE PARTNERS LLC
   
Signature:

STOCKBRIDGE ABSOLUTE RETURN FUND, L.P.


By:
Stockbridge Associates LLC,
its general partner
 
 
By:
/s/  Robert J. Small
 
Name:
Robert J. Small
 
Title:
Managing Director
 

Dated: August 10, 2011
 
 
 

 
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):
8/8/2011
   
Designated Filer:
BERKSHIRE PARTNERS LLC

Signature:

STOCKBRIDGE MASTER FUND (OS), L.P.


By:
Stockbridge Associates LLC,
its general partner
 
 
By:
/s/  Robert J. Small
 
Name:
Robert J. Small
 
Title:
Managing Director
 


 
Dated: August 10, 2011

 
 
 
11