4//SEC Filing
Hartman Thomas E 4
Accession 0001567619-20-006107
CIK 0000722723other
Filed
Mar 10, 8:00 PM ET
Accepted
Mar 11, 5:00 PM ET
Size
14.6 KB
Accession
0001567619-20-006107
Insider Transaction Report
Form 4
HANGER, INC.HNGR
Hartman Thomas E
Vice President & Gen. Counsel
Transactions
- Award
Common Stock
2020-03-09+7,973→ 83,296 total - Tax Payment
Common Stock
2020-03-09$21.95/sh−4,659$102,265→ 78,637 total - Tax Payment
Common Stock
2020-03-09$20.55/sh−1,970$40,484→ 76,667 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 (9)
- [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 7,973 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]Consists of (i) unvested restricted shares totaling 7,973 shares of stock from an initial grant of 7,973 shares of restricted stock that begins to vest on March 9, 2021 (ii) unvested restricted shares and fully vested shares totaling 6,949 shares of stock from an initial grant of 7,708 shares of restricted stock made on March 8, 2019 (iii) unvested restricted shares and fully vested shares totaling 8,235 shares of stock from an initial grant of 9,134 shares of restricted stock made on March 8, 2019; (iv) unvested restricted shares and fully vested shares totaling 7,166 shares of stock from an initial grant of 8,868 shares of restricted stock made on March 9, 2018; (v) unvested restricted shares and fully vested shares totaling 7,846 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]
- [F4](vi) unvested restricted shares and fully vested shares totaling 9,009 shares of stock from an initial grant of 11,147 shares of restricted stock made on March 9, 2018; (vii) 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; (viii) unvested restricted shares and fully vested shares totaling 7,473 shares of stock from an initial grant of 10,000 shares of restricted stock made on March 8, 2017; (ix) 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]
- [F5](x) unvested restricted shares and fully vested shares totaling 4,980 shares of stock from an initial grant of 10,000 shares of restricted stock made on April 29, 2016; (xi) 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; (xii) 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; (xiii) fully vested shares totaling 764 shares of stock from an initial grant of 1,731 shares of restricted stock made on March 7, 2014; (xiv) 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]
- [F6]and (xv) fully vested shares totaling 1,200 shares from an initial grant of 4,800 shares of restricted stock made on March 7, 2012.
- [F7]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.
- [F8]Stock options were granted under the Company's Special Equity Plan and vest 1/3 on each of May 19, 2018, 2019 and 2020.
- [F9]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
- Mar 10, 8:00 PM ET
- Accepted
- Mar 11, 5:00 PM ET
- Size
- 14.6 KB