4//SEC Filing
Ranson Scott 4
Accession 0001567619-20-010912
CIK 0000722723other
Filed
May 20, 8:00 PM ET
Accepted
May 21, 4:37 PM ET
Size
10.3 KB
Accession
0001567619-20-010912
Insider Transaction Report
Form 4
HANGER, INC.HNGR
Ranson Scott
Chief Information Officer
Transactions
- Award
Common Stock
2020-05-19+29,269→ 94,471 total - Tax Payment
Common Stock
2020-05-19$17.12/sh−11,518$197,188→ 82,953 total
Holdings
- 47,494
Stock Options (right to buy)
Exercise: $12.77Exp: 2027-05-19→ Common Stock (47,494 underlying)
Footnotes (6)
- [F1]Shares received pursuant to the Company's Special Equity Plan as a result of the vesting of PSUs awarded in 2017 due to the achievement of predetermined levels of absolute common stock price compounded annual growth period over the three-year performance period.
- [F2]Reflects payment of tax liability by withholding shares of stock incident to vesting of performance shares.
- [F3]Includes (i) unvested restricted shares totaling 6,265 shares of stock from an initial grant of 6,265 shares of restricted stock that begins to vest on March 9, 2021; (ii) unvested restricted shares and fully vested shares totaling 5,460 shares of stock from an initial grant of 6,056 shares of restricted stock made on March 8, 2019; (iii) unvested restricted shares and fully vested shares totaling 4,511 shares of stock from an initial grant of 5,583 shares of restricted stock made on March 9, 2018; (iv) unvested restricted shares and fully vested shares totaling 6,471 shares of stock from an initial grant of 7,177 shares of restricted stock made on March 8, 2019; (v) unvested restricted shares and fully vested shares totaling 6,276 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]
- [F4](vi) unvested restricted shares and fully vested shares totaling 5,670 shares of stock from an initial grant of 7,017 shares of restricted stock made on March 9, 2018; (vii) unvested restricted shares and fully vested shares totaling 5,873 shares of stock from an initial grant of 8,000 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; (ix) unvested restricted shares and fully vested shares totaling 4,793 shares of stock from an initial grant of 7,500 shares of restricted stock made on April 29, 2016; and (x) 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.
- [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.
Documents
Issuer
HANGER, INC.
CIK 0000722723
Entity typeother
Related Parties
1- filerCIK 0001649214
Filing Metadata
- Form type
- 4
- Filed
- May 20, 8:00 PM ET
- Accepted
- May 21, 4:37 PM ET
- Size
- 10.3 KB