HANGER, INC. 4
4 · HANGER, INC. · Filed Mar 11, 2014
Insider Transaction Report
Form 4
HANGER, INC.HGR
Allen Russell Glenn
VP, Treasurer & Asst. Secy.
Transactions
- Sale
Common Stock
2014-03-11$35.88/sh−551$19,772→ 14,826 total - Award
Common Stock
2014-03-07+3,462→ 15,377 total
Footnotes (4)
- [F1]Represents a grant of time-based restricted stock under the Company's 2010 Omnibus Incentive Plan, which vests to the extent of 25% annually on the first anniversary date of the grant and cumulatively vests to the extent of 25% each year thereafter.
- [F2]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- [F3]The shares of common stock were sold to cover taxes incurred as a result of the vesting of restricted shares.
- [F4]Includes (i) unvested restricted shares which total 3,462 shares of stock from an initial grant of 3,462 shares of restricted stock made on March 7, 2014; (ii) unvested restricted shares and fully vested shares which total 3,849 shares of stock from an initial grant of 4,400 shares of restricted stock made on March 11, 2013; (iii) unvested restricted shares and fully vested shares which total 4,200 shares of stock from an initial grant of 4,800 shares of restricted stock made on March 7, 2012 and (iv) unvested restricted shares and fully vested shares which total 3,315 shares of stock from an initial grant of 4,100 shares of restricted stock made on March 25, 2011. 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.