HANGER ORTHOPEDIC GROUP INC 4
4 · HANGER ORTHOPEDIC GROUP INC · Filed Jun 20, 2008
Insider Transaction Report
Form 4
MAY RON
Southern Prosthetic - Pres.
Transactions
- Sale
Common Stock
2008-06-18$15.14/sh−700$10,598→ 40,982 total - Sale
Common Stock
2008-06-18$15.14/sh−600$9,085→ 39,682 total
Holdings
- 8,000
Option to Buy
Exercise: $16.75From: 2003-09-17Exp: 2012-09-16→ Common Stock (8,000 underlying)
Footnotes (3)
- [F1]The shares of common stock were sold to cover taxes incurred as a result of the vesting of restricted shares.
- [F2]Includes (i) unvested restricted shares which total 15,000 shares of stock from an initial grant of 15,000 shares of restricted stock made on August 9, 2007; (ii) unvested restricted shares and fully vested shares which total 19,322 shares of stock from an initial grant of 25,000 shares of restricted stock made on June 12, 2006; (iii) unvested restricted shares and fully vested shares which total 4,005 shares of stock from an initial grant of 10,000 shares of restricted stock made on March 4, 2005; and (iv) 1,355 shares of stock which were derived from a previous grant of restricted shares which are now fully vested. All remaining unvested restricted shares will continue to vest at a rate of 25% per year of the original grant amount on the anniversary date of the grant.
- [F3]This option becomes exercisable to the extent of 25% of the shares underlying such option on the above date and is cumulatively exercisable to the extent of 25% of the shares underlying such option each year thereafter.