4//SEC Filing
Ranson Scott 4
Accession 0001567619-20-004481
CIK 0000722723other
Filed
Feb 19, 7:00 PM ET
Accepted
Feb 20, 4:59 PM ET
Size
10.3 KB
Accession
0001567619-20-004481
Insider Transaction Report
Form 4
HANGER, INC.HNGR
Ranson Scott
Chief Information Officer
Transactions
- Award
Common Stock
2020-02-18+6,056→ 63,832 total
Holdings
- 47,494
Stock Options (right to buy)
Exercise: $12.77Exp: 2027-05-19→ Common Stock (47,494 underlying) - 18,998
Performance Share Units
Exp: 2020-05-19→ Common Stock (18,998 underlying)
Footnotes (6)
- [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]Includes (i) unvested restricted shares totaling 6,056 shares of stock from an initial grant of 6,056 shares of restricted stock that begins to vest on March 8, 2020; (ii)unvested restricted shares and fully vested shares totaling 5,061 shares of stock from an initial grant of 5,583 shares of restricted stock made on March 9, 2018; (iii) unvested restricted shares totaling 7,177 shares of stock from an initial grant of 7,177 shares of restricted stock that beings to vest on March 8, 2020; (iv) unvested restricted shares and fully vested shares totaling 7,103 shares of stock from an initial grant of 8,400 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 6,361 shares of stock from an initial grant of 7,017 shares of restricted stock made on March 9, 2018; (vi) unvested restricted shares and fully vested shares totaling 6,660 shares of stock from an initial grant of 8,000 shares of restricted stock made on March 8, 2017; (vii) 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; (viii) unvested restricted shares and fully vested shares totaling 5,531 shares of stock from an initial grant of 7,500 shares of restricted stock made on April 29, 2016; and (ix) fully vested shares totaling 15,997 shares of stock from an initial grant of 20,582 shares of restricted stock made on August 3, 2015.
- [F4]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.
- [F5]Stock options were granted under the Company's Special Equity Plan and vest 1/3 on each of May 19, 2018, 2019 and 2020.
- [F6]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 0001649214
Filing Metadata
- Form type
- 4
- Filed
- Feb 19, 7:00 PM ET
- Accepted
- Feb 20, 4:59 PM ET
- Size
- 10.3 KB