4//SEC Filing
Hartman Thomas E 4
Accession 0001567619-20-004467
CIK 0000722723other
Filed
Feb 19, 7:00 PM ET
Accepted
Feb 20, 4:49 PM ET
Size
11.2 KB
Accession
0001567619-20-004467
Insider Transaction Report
Form 4
HANGER, INC.HNGR
Hartman Thomas E
Vice President & Gen. Counsel
Transactions
- Award
Common Stock
2020-02-18+7,708→ 75,323 total
Holdings
- 70,818
Stock Options (right to buy)
Exercise: $12.77Exp: 2027-05-19→ Common Stock (70,818 underlying) - 28,327
Performance Share Units
Exp: 2020-05-19→ Common Stock (28,327 underlying)
Footnotes (8)
- [F1]Represents performance shares being issued to the reporting person based on the achievement of performance targets for the period beginning January 1, 2019 and ending on December 31, 2019. These performance shares vest in equal tranches over a four year period, commencing on the first anniversary of the grant date.
- [F2]Consists of (i) unvested restricted shares totaling 7,708 shares of stock from an initial grant of 7,708 shares of restricted stock that begins to vest on March 8, 2020 (ii) unvested restricted shares totaling 9,134 shares of stock from an initial grant of 9,134 shares of restricted stock that begins to vest on March 8, 2020; (iii) unvested restricted shares and fully vested shares totaling 8,039 shares of stock from an initial grant of 8,868 shares of restricted stock made on March 9, 2018; (iv) unvested restricted shares and fully vested shares totaling 8,879 shares of stock from an initial grant of 10,500 shares of restricted stock, the remainder of which will vest on March 8, 2020 and 2021; [continued in next footnote]
- [F3](v) unvested restricted shares and fully vested shares totaling 10,106 shares of stock from an initial grant of 11,147 shares of restricted stock made on March 9, 2018; (vi) fully vested shares totaling 4,363 shares of stock from an initial grant of 6,359 shares of restricted stock made on March 6, 2015; (vii) unvested restricted shares and fully vested shares totaling 8,457 shares of stock from an initial grant of 10,000 shares of restricted stock made on March 8, 2017; (viii) unvested restricted shares and fully vested shares totaling 3,886 shares of stock from an initial grant of 5,000 shares of restricted stock made on October 11, 2016; [continued in next footnote]
- [F4](ix) unvested restricted shares and fully vested shares totaling 5,964 shares of stock from an initial grant of 10,000 shares of restricted stock made on April 29, 2016; (x) fully vested shares totaling 3,513 shares of stock from an initial grant of 4,958 shares of restricted stock made on November 10, 2015; (xi) fully vested shares totaling 2,432 shares of stock from an initial grant of 4,239 shares of restricted stock made on March 6, 2015; (xii) fully vested shares totaling 764 shares of stock from an initial grant of 1,731 shares of restricted stock made on March 7, 2014; (xiii) fully vested shares totaling 878 shares of stock from an initial grant of 3,246 shares of restricted stock and performance made on March 11, 2013; [continued in next footnote]
- [F5]and (xiv) fully vested shares totaling 1,200 shares from an initial grant of 4,800 shares of restricted stock made on March 7, 2012.
- [F6]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.
- [F7]Stock options were granted under the Company's Special Equity Plan and vest 1/3 on each of May 19, 2018, 2019 and 2020.
- [F8]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 0001466989
Filing Metadata
- Form type
- 4
- Filed
- Feb 19, 7:00 PM ET
- Accepted
- Feb 20, 4:49 PM ET
- Size
- 11.2 KB