4//SEC Filing
Wilson Kenneth W. 4
Accession 0001140361-17-038648
CIK 0000722723other
Filed
Oct 12, 8:00 PM ET
Accepted
Oct 13, 4:00 PM ET
Size
10.0 KB
Accession
0001140361-17-038648
Insider Transaction Report
Form 4
HANGER, INC.HGR
Wilson Kenneth W.
Pres./COO Southern Prosthetic*
Transactions
- Tax Payment
Common Stock
2017-10-11$11.01/sh−342$3,765→ 52,290 total
Holdings
- 54,834
Stock Options (right to buy)
Exercise: $12.77Exp: 2027-05-19→ Common Stock (54,834 underlying) - 21,934
Performance Share Units
Exp: 2020-05-19→ Common Stock (21,934 underlying)
Footnotes (5)
- [F1]Reflects payment of tax liability by withholding shares of stock incident to vesting of restricted stock previously issued.
- [F2]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 and fully vested shares totaling 4,658 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]
- [F3](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.
- [F4]Stock options were granted under the Company's Special Equity Plan and vest 1/3 on each of May 19, 2018, 2019 and 2020.
- [F5]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 typeother
Related Parties
1- filerCIK 0001530777
Filing Metadata
- Form type
- 4
- Filed
- Oct 12, 8:00 PM ET
- Accepted
- Oct 13, 4:00 PM ET
- Size
- 10.0 KB