4//SEC Filing
Ranson Scott 4
Accession 0001567619-21-006016
CIK 0000722723other
Filed
Mar 9, 7:00 PM ET
Accepted
Mar 10, 5:26 PM ET
Size
11.0 KB
Accession
0001567619-21-006016
Insider Transaction Report
Form 4
HANGER, INC.HNGR
Ranson Scott
Chief Information Officer
Transactions
- Award
Common Stock
2021-03-08+5,812→ 93,599 total - Tax Payment
Common Stock
2021-03-08$23.99/sh−2,769$66,428→ 90,830 total
Holdings
- 47,494
Stock Options (right to buy)
Exercise: $12.77Exp: 2027-05-19→ Common Stock (47,494 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 5,812 additional performance shares under the Plan based on the achievement of certain performance targets for the fiscal year 2021.
- [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 5,812 shares of stock from an initial grant of 5,812 shares of restricted stock that begins to vest on March 8, 2022; (ii) unvested restricted shares totaling 5,326 shares of stock from an initial grant of 5,326 shares of restricted stock that begins to vest on March 9, 2021; (iii) 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; (iv) unvested restricted shares and fully vested shares totaling 4,894 shares of stock from an initial grant of 6,056 shares of restricted stock made on March 8, 2019; [continued in next footnote]
- [F4](v) 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; (vi) unvested restricted shares and fully vested shares totaling 5,800 shares of stock from an initial grant of 7,177 shares of restricted stock made on March 8, 2019; (vii) unvested restricted shares and fully vested shares totaling 5,491 shares of stock from an initial grant of 8,400 shares of restricted stock, the remainder of which vested on March 8, 2021; (viii) 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; (ix) unvested restricted shares and fully vested shares totaling 5,126 shares of stock from an initial grant of 8,000 shares of restricted stock made on March 8, 2017; [continued in next footnote]
- [F5](x) fully vested shares totaling 3,394 shares of stock from an initial grant of 5,000 shares of restricted stock made on October 11, 2016; (xi) 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 (xii) 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.
- [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.
Documents
Issuer
HANGER, INC.
CIK 0000722723
Entity typeother
Related Parties
1- filerCIK 0001649214
Filing Metadata
- Form type
- 4
- Filed
- Mar 9, 7:00 PM ET
- Accepted
- Mar 10, 5:26 PM ET
- Size
- 11.0 KB