Adams Gabrielle B. 4
4 · HANGER, INC. · Filed Feb 16, 2021
Insider Transaction Report
Form 4
HANGER, INC.HGR
Adams Gabrielle B.
Vice President Accounting
Transactions
- Award
Common Stock
2021-02-15+3,583→ 59,153 total
Holdings
- 20,938
Stock Options (right to buy)
Exercise: $12.77Exp: 2027-05-19→ Common Stock (20,938 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, 2020 and ending on December 31, 2020. 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 3,583 shares of stock from an initial grant of 3,583 shares of restricted stock that begins to vest on March 9, 2021; (ii) unvested restricted shares totaling 4,215 shares of stock from an initial grant of 4,215 shares of restricted stock that begins to vest on March 9, 2021; (iii) unvested restricted shares and fully vested shares totaling 3,475 shares of stock from an initial grant of 3,854 shares of restricted stock made on March 8, 2019; (iv) unvested restricted shares and fully vested shares totaling 4,118 shares of stock from an initial grant of 4,567 shares of restricted stock made on March 8, 2019; (v) unvested restricted shares and fully vested shares totaling 3,617 shares of stock from an initial grant of 4,435 shares of restricted stock made on March 8, 2019; [continued in next footnote]
- [F3](vi) unvested restricted shares and fully vested shares totaling 4,546 shares of stock from an initial grant of 5,574 shares of restricted stock made on March 9, 2018; (vii) unvested restricted shares and fully vested shares totaling 6,483 shares of stock from an initial grant of 7,950 shares of restricted stock made on March 8, 2017; (viii) fully vested shares totaling 2,446 shares of stock from an initial grant of 3,000 shares of restricted stock made on October 11, 2016; [continued in next footnote]
- [F4](ix) unvested restricted shares and fully vested shares totaling 6,233 shares of stock from an initial grant of 7,750 shares of restricted stock made on April 29, 2016; (x) fully vested shares which total 3,020 shares of stock from an initial grant of 3,305 shares of restricted stock made on November 10, 2015; (xi) fully vested shares which total 2,037 shares of stock from an initial grant of 2,229 shares of restricted stock made on September 8, 2015; and (xii) fully vested shares which total 3,818 shares of stock from an initial grant of 4,239 shares of restricted stock made on March 6, 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.