4//SEC Filing
Campbell James H 4
Accession 0001567619-20-006113
CIK 0000722723other
Filed
Mar 10, 8:00 PM ET
Accepted
Mar 11, 5:07 PM ET
Size
13.2 KB
Accession
0001567619-20-006113
Insider Transaction Report
Form 4
HANGER, INC.HNGR
Campbell James H
SVP, Chief Clinical Officer
Transactions
- Award
Common Stock
2020-03-09+4,556→ 29,113 total - Tax Payment
Common Stock
2020-03-09$21.95/sh−1,931$42,385→ 27,182 total - Tax Payment
Common Stock
2020-03-09$20.55/sh−577$11,857→ 26,605 total
Holdings
- 27,328
Stock Options (right to buy)
Exercise: $12.77Exp: 2027-05-19→ Common Stock (27,328 underlying) - 10,931
Performance Share Units
Exp: 2020-05-19→ Common Stock (10,931 underlying)
Footnotes (7)
- [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 4,556 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 4,556 shares of stock from an initial grant of 4,556 shares of restricted stock that begins to vest on March 9, 2021; (ii) unvested restricted shares and fully vested shares totaling 4,026 shares of stock from an initial grant of 4,405 shares of restricted stock made on March 8, 2019; (iii) unvested restricted shares and fully vested shares totaling 4,771 shares of stock from an initial grant of 5,220 shares of restricted stock made on March 8, 2019; (iv) unvested restricted shares and fully vested shares totaling 5,691 shares of stock from an initial grant of 6,710 shares of restricted stock made on March 9, 2018; (v) unvested restricted shares and fully vested shares totaling 4,220 shares of stock from an initial grant of 7,029 shares of restricted stock made on March 8, 2017; [continued in next footnote]
- [F4](vi) unvested restricted shares and fully vested shares totaling 1,316 shares of stock from an initial grant of 3,000 shares of restricted stock made on October 11, 2016; and (vii) unvested restricted shares and fully vested shares totaling 2,025 shares of stock from an initial grant of 6,008 shares of restricted stock made on April 29, 2016.
- [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.
- [F6]Stock options were granted under the Company's Special Equity Plan and vest 1/3 on each of May 19, 2018, 2019 and 2020.
- [F7]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 0001757390
Filing Metadata
- Form type
- 4
- Filed
- Mar 10, 8:00 PM ET
- Accepted
- Mar 11, 5:07 PM ET
- Size
- 13.2 KB