Edgar Filing: WHETZEL CHARLES E JR

Ownership Submission

FORM 5

	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
	Form 3 Holdings Reported
	Form 4 Transactions Reported

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person ^*

WHETZEL CHARLES E JR

2. Issuer Name and Ticker or Trading Symbol
CARTERS INC [CRI]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
Executive VP - Global Sourcing

(Last)

(First)

(Middle)

C/O CARTER'S, INC., THE PROSCENIUM,,Â 1170 PEACHTREE STREET NE, SUITE 900

3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/30/2006

(Street)

ATLANTA,Â GAÂ 30309

4. If Amendment, Date Original Filed(Month/Day/Year)

6. Individual or Joint/Group Reporting
(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 (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 at end of Issuer's Fiscal Year (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
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)	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	12/14/2006	Â	G	400 ⁽¹⁾	D	$ ⁽³⁾	437,020	D	Â
Common Stock	12/14/2006	Â	G	400 ⁽¹⁾	D	$ ⁽³⁾	437,020	D	Â
Common Stock	12/14/2006	Â	G	400 ⁽¹⁾	D	$ ⁽³⁾	437,020	D	Â
Common Stock	12/14/2006	Â	G	400 ⁽¹⁾	D	$ ⁽³⁾	437,020	D	Â
Common Stock	12/14/2006	Â	G	400 ⁽¹⁾ ⁽²⁾	D	$ ⁽³⁾	437,020	D	Â
Common Stock	12/14/2006	Â	G	400 ⁽¹⁾ ⁽²⁾	D	$ ⁽³⁾	437,020	D	Â
Common Stock	12/14/2006	Â	G	400 ⁽¹⁾ ⁽²⁾	D	$ ⁽³⁾	437,020	D	Â
Common Stock	12/14/2006	Â	G	400 ⁽¹⁾ ⁽²⁾	D	$ ⁽³⁾	437,020	D	Â

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

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SEC 2270 (9-02)

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 Underlying Securities
(Instr. 3 and 4)

8. Price of Derivative Security
(Instr. 5)

9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year
(Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
WHETZEL CHARLES E JR C/O CARTER'S, INC., THE PROSCENIUM, 1170 PEACHTREE STREET NE, SUITE 900 ATLANTA,Â GAÂ 30309	Â	Â	Â Executive VP - Global Sourcing	Â

Signatures

/s/ Charlie E. Whetzel, Jr.		02/13/2007
^**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
(1)	Gift to child not sharing the same household. Mr. Whetzel disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that Mr. Whetzel is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
(2)	Mr. Whetzel gifted 1,600 shares to his wife who subsequently gifted the shares to Mr. and Mrs. Whetzel's children in equal increments of 400 shares. Mr. Whetzel disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that Mr. Whetzel is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
(3)	Mr. Whetzel received no consideration for the transfer of the securities, which were given as a gift.

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