4//SEC Filing
HANGER, INC. 4
Accession 0001140361-14-012236
CIK 0000722723operating
Filed
Mar 10, 8:00 PM ET
Accepted
Mar 11, 7:04 PM ET
Size
8.5 KB
Accession
0001140361-14-012236
Insider Transaction Report
Form 4
HANGER, INC.HGR
MEFFERT WALTER A JR
VP, Chief Information Officer
Transactions
- Award
Common Stock
2014-03-07+1,731→ 18,596 total - Sale
Common Stock
2014-03-11$35.88/sh−574$20,598→ 18,022 total
Footnotes (5)
- [F1]Represents a grant of time-based restricted stock under the Company's 2010 Omnibus Incentive Plan (the "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. The restricted stock being reported does not include the contingent right of the reporting person to receive up to 1,731 additional performance shares under the Plan based on the achievement of certain performance targets for the fiscal year 2014.
- [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 totaling 1,731 shares of stock from an initial grant of 1,731 shares of restricted stock made on March 7, 2014; (ii) unvested restricted shares and fully vested shares totaling 2,751 shares of stock from an initial grant of 3,325 shares of restricted stock and performance shares made on March 11, 2013; (iii) unvested restricted shares and fully vested shares totaling 3,750 shares of stock from an initial grant of 5,000 shares of restricted stock made on March 7, 2012; (iv) unvested restricted shares and fully vested shares totaling 5,890 shares of stock from an initial grant of 9,000 shares of restricted stock made on December 1, 2011; (v) unvested restricted shares totaling 2,400 shares of stock from an initial grant of 4,800 shares of restricted stock made on March 25, 2011; and [continued in next footnote]
- [F5](vi) unvested restricted shares totaling 1,500 shares of stock from an initial grant of 6,000 shares of restricted stock made on May 11, 2010. 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.
Documents
Issuer
HANGER, INC.
CIK 0000722723
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000722723
Filing Metadata
- Form type
- 4
- Filed
- Mar 10, 8:00 PM ET
- Accepted
- Mar 11, 7:04 PM ET
- Size
- 8.5 KB