NEFF PETER J 4
4 · HANGER ORTHOPEDIC GROUP INC · Filed May 18, 2012
Insider Transaction Report
Form 4
NEFF PETER J
Director
Transactions
- Award
Common Stock
2012-05-16+6,500→ 37,544 total - Award
Common Stock
2012-05-16$22.43/sh+1,471$32,995→ 39,015 total
Footnotes (2)
- [F1]Consists of shares of restricted stock granted under the Company's 2010 Omnibus Incentive Plan (the "Plan"), which vest to the extent of one-third on May 16, 2013 and cumulatively vest to the extent of one-third each year thereafter, subject to certain provisions of the Plan. Pursuant to the provisions of the Plan, Mr. Neff elected to receive such restricted shares in the form of restricted stock units, which units shall be distributed to Mr. Neff in the form of whole shares of common stock on or about January 15th of the year following the calendar year in which Mr. Neff terminates service on the Board of Directors.
- [F2]Consists of shares of restricted stock which the reporting person elected to receive in lieu of the annual director fee payable to the reporting person.