4//SEC Filing
HAST REBECCA 4
Accession 0001140361-18-003646
CIK 0000722723other
Filed
Jan 28, 7:00 PM ET
Accepted
Jan 29, 6:41 PM ET
Size
9.3 KB
Accession
0001140361-18-003646
Insider Transaction Report
Form 4
HANGER, INC.HGR
HAST REBECCA
President - Linkia, LLC
Transactions
- Award
Common Stock
2018-01-25+4,770→ 46,171 total - Tax Payment
Common Stock
2018-01-25$15.83/sh−922$14,595→ 45,249 total
Footnotes (5)
- [F1]Represents performance shares being issued to the reporting person based on the achievement of performance targets for the period beginning January 1, 2015 and ending on December 31, 2015. These performance shares if earned vest in equal tranches over a four year period, commencing on the first anniversary of the grant date. Because the Compensation Committee did not certify the attainment of the performance targets until January 25, 2018, the first two tranches were not deemed vested until that date. The remainder of the performance shares will vest in equal installments in March 2018 and March 2019.
- [F2]Reflects payment of tax liability by withholding shares of stock incident to vesting of restricted stock previously issued.
- [F3]Includes (i) unvested restricted shares and fully vested shares totaling 3,848 shares of stock from an initial grant of 4,770 shares of restricted stock, half of which vested on January 25, 2018 and the remainder of which will vest on March 7, 2018 and 2019; (ii) unvested restricted shares which total 7,500 shares of stock from an initial grant of 7,500 shares of restricted stock that begins to vest on March 8, 2018; (iii) unvested restricted shares and fully vested shares totaling 4,546 shares of stock from an initial grant of 5,000 shares of restricted stock that begins to vest on October 11, 2017; (iv) unvested restricted shares and fully vested shares totaling 6,720 shares of stock from an initial grant of 7,500 shares of restricted stock that begins to vest on March 7, 2017; (v) unvested restricted shares and fully vested shares totaling 2,518 shares of stock from an initial grant of 3,180 shares of restricted stock made on March 6, 2015; [continued in next footnote]
- [F4](vi) unvested restricted shares and fully vested shares totaling 1,851 shares of stock from an initial grant of 2,663 shares of restricted stock made on March 7, 2014; (vii) fully vested shares totaling 1,910 shares of stock from an initial grant of 3,800 shares of restricted stock and performance shares made on March 11, 2013; (viii) fully vested shares totaling 1,559 shares of stock from an initial grant of 5,200 shares of restricted stock made on March 7, 2012; (ix) fully vested shares totaling 2,181 shares of stock from an initial grant of 5,200 shares of restricted stock made on March 25, 2011; (x) fully vested shares totaling 3,020 shares of stock from an initial grant of 7,500 shares of restricted stock made on March 30, 2010 and (xi) fully vested shares from previous awards of restricted stock to the reporting person.
- [F5]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.
Documents
Issuer
HANGER, INC.
CIK 0000722723
Entity typeother
Related Parties
1- filerCIK 0001456485
Filing Metadata
- Form type
- 4
- Filed
- Jan 28, 7:00 PM ET
- Accepted
- Jan 29, 6:41 PM ET
- Size
- 9.3 KB