4//SEC Filing
Kiraly Thomas E 4
Accession 0001567619-20-006105
CIK 0000722723other
Filed
Mar 10, 8:00 PM ET
Accepted
Mar 11, 4:56 PM ET
Size
14.1 KB
Accession
0001567619-20-006105
Insider Transaction Report
Form 4
HANGER, INC.HNGR
Kiraly Thomas E
Chief Financial Officer
Transactions
- Award
Common Stock
2020-03-09+17,085→ 241,301 total - Tax Payment
Common Stock
2020-03-09$21.95/sh−10,983$241,077→ 230,318 total - Tax Payment
Common Stock
2020-03-09$20.55/sh−4,136$84,995→ 226,182 total
Holdings
- 31,389
Stock Options (right to buy)
Exercise: $12.77Exp: 2027-05-19→ Common Stock (62,778 underlying) - 37,667
Performance Share Units
Exp: 2020-05-19→ Common Stock (37,667 underlying)
Footnotes (8)
- [F1]Represents a grant of time-based restricted stock under the Company's 2019 Omnibus Incentive Plan ("Plan"), which vests to the extent of 25% annually beginning on the first anniversary date of the grant and cumulatively vests to the extent of 25% each year thereafter. The restricted stock being reported does not include the contingent right of the reporting person to receive up to 17,085 additional performance shares under the Plan based on the achievement of certain performance targets for the fiscal year 2020.
- [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 totaling 17,085 shares of stock from an initial grant of 17,085 shares of restricted stock made on March 9, 2020; (ii) unvested restricted shares and fully vested shares totaling 14,592 shares of stock from an initial grant of 16,185 shares of restricted stock made on March 8, 2019; (iii) unvested restricted shares and fully vested shares totaling 17,294 shares of stock from an initial grant of 19,181 shares of restricted stock made on March 8, 2019; (iv) unvested restricted shares and fully vested shares totaling 14,957 shares of stock from an initial grant of 18,622 shares of restricted stock made on March 9, 2018; (v) unvested restricted shares and fully vested shares totaling 19,486 shares of stock from an initial grant of 26,250 shares of restricted stock, the remainder of which will vest on March 8, 2020 and 2021; [continued in next footnote]
- [F4](vi) unvested restricted shares and fully vested shares totaling 18,802 shares of stock from an initial grant of 23,408 shares of restricted stock made on March 8, 2018; (vii) fully vested shares totaling 16,887 shares of stock from an initial grant of 23,844 shares of restricted stock made on March 6, 2015; (viii) unvested restricted shares and fully vested shares totaling 18,558 shares of stock from an initial grant of 25,000 shares of restricted stock made on March 8, 2017; (ix) unvested restricted shares and fully vested shares totaling 3,674 shares of stock from an initial grant of 5,000 shares of restricted stock made on October 11, 2016; (x) unvested restricted shares and fully vested shares totaling 16,886 shares of stock from an initial grant of 25,000 shares of restricted stock April 29, 2016; [continued in next footnote]
- [F5](xi) fully vested shares totaling 12,037 shares of stock from an initial grant of 15,896 shares of restricted stock made on March 6, 2015 and (xii) fully vested shares totaling 38,075 shares of stock from an initial grant of 49,660 shares of restricted stock made on October 1, 2014.
- [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 0001623986
Filing Metadata
- Form type
- 4
- Filed
- Mar 10, 8:00 PM ET
- Accepted
- Mar 11, 4:56 PM ET
- Size
- 14.1 KB