4//SEC Filing
HANGER, INC. 4
Accession 0001140361-17-022037
CIK 0000722723operating
Filed
May 22, 8:00 PM ET
Accepted
May 23, 6:03 PM ET
Size
10.6 KB
Accession
0001140361-17-022037
Insider Transaction Report
Form 4
HANGER, INC.HGR
Wilson Kenneth W.
Pres./COO Southern Prosthetic*
Transactions
- Award
Stock Options (right to buy)
2017-05-19+54,834→ 54,834 totalExercise: $12.77Exp: 2027-05-19→ Common Stock (54,834 underlying) - Award
Performance Share Units
2017-05-19+21,934→ 21,934 totalExp: 2020-05-19→ Common Stock (21,934 underlying)
Holdings
- 52,632
Common Stock
Footnotes (4)
- [F1]Includes (i) unvested restricted shares which total 11,000 shares of stock from an initial grant of 11,000 shares of restricted stock that begins to vest on March 8, 2018; (ii) unvested restricted shares which total 5,000 shares of stock from an initial grant of 5,000 shares of restricted stock that begins to vest on October 11, 2017; (iii) unvested restricted shares and fully vested shares totaling 10,155 shares of stock from an initial grant of 11,000 shares of restricted stock that begins to vest on March 7, 2017; (iv) unvested restricted shares and fully vested shares totaling 5,320 shares of stock from an initial grant of 6,359 shares of restricted stock made on March 6, 2015; (v) unvested restricted shares and fully vested shares totaling 3,063 shares of stock from an initial grant of 3,661 shares of restricted stock made on March 7, 2014; [continued in next footnote]
- [F2](vi) unvested restricted shares and fully vested shares totaling 5,839 shares of stock from an initial grant of 8,075 shares of restricted stock and performance shares made on March 11, 2013; (vii) fully vested shares totaling 6,833 shares of stock from an initial grant of 13,800 shares of restricted stock and performance shares made on March 7, 2012 and (viii) fully vested shares totaling 5,422 shares of stock from an initial grant of 15,000 shares of restricted stock made on September 19, 2011. Except as otherwise noted, 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]Stock options were granted under the Company's Special Equity Plan and vest 1/3 on each of May 19, 2018, 2019 and 2020.
- [F4]Performance share units ("PSUs") were granted under the Company's Special Equity Plan. Each PSU represents a contingent right to receive one share of common stock if predetermined levels of absolute common stock price compounded annual growth rate are achieved over a three-year performance period ending on the third anniversary of the grant date. The number of PSUs shown in the table represents the maximum number that could be earned; the target number is one-half the maximum number.
Documents
Issuer
HANGER, INC.
CIK 0000722723
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000722723
Filing Metadata
- Form type
- 4
- Filed
- May 22, 8:00 PM ET
- Accepted
- May 23, 6:03 PM ET
- Size
- 10.6 KB