Form Type: 4

SEC EDGAR Link
Accession Number:0001567619-21-006012
Date:2021-03-08
Issuer: HANGER, INC. (HNGR)
Original Submission Date:

Reporting Person:

HARTMAN THOMAS E
10910 DOMAIN DRIVE
SUITE 300 AUSTIN, TX 78758

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2021-03-08 A 8,665 a $0.00 118,086 direct
COMMON STOCK 2021-03-08 F 3,675 d $23.99 114,411 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
STOCK OPTIONS (RIGHT TO BUY) 12.77 deemed execution date 0 ( ) 2027-05-19 common stock 70,818 $12.77 70,818 direct
Footnotes
IDfootnote
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 8,665 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 consists of (i) unvested restricted shares totaling 8,665 shares of stock from an initial grant of 8,665 shares of restricted stock that begins to vest on march 8, 2022 (ii) unvested restricted shares totaling 6,778 shares of stock from an initial grant of 6,778 shares of restricted stock that begins to vest on march 9, 2021 (iii) 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 (iv) unvested restricted shares and fully vested shares totaling 6,190 shares of stock from an initial grant of 7,708 shares of restricted stock made on march 8, 2019; [continued in next footnote]
f4 (v) unvested restricted shares and fully vested shares totaling 7,336 shares of stock from an initial grant of 9,134 shares of restricted stock made on march 8, 2019; (vi) 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; (vii) unvested restricted shares and fully vested shares totaling 6,813 shares of stock from an initial grant of 10,500 shares of restricted stock, the remainder of which vested on march 8, 2021; (viii) 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; [continued in next footnote]
f5 (ix) 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; (x) unvested restricted shares and fully vested shares totaling 6,489 shares of stock from an initial grant of 10,000 shares of restricted stock made on march 8, 2017; (xi) 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; (xii) 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; (xiii) 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; [continued in next footnote]
f6 (xiv) 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; (xv) fully vested shares totaling 764 shares of stock from an initial grant of 1,731 shares of restricted stock made on march 7, 2014; (xvi) 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; and (xvii) 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.
WhaleWisdom Logo

Elevate your investments