Form Type: 4

SEC EDGAR Link
Accession Number:0001567619-21-006088
Date:2021-03-09
Issuer: HANGER, INC. (HGR)
Original Submission Date:

Reporting Person:

ADAMS GABRIELLE B.
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 2021-03-09 F 1,754 d $23.46 60,023 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 2021-03-09 deemed execution date 0 ( ) 2027-05-19 common stock 20,938 $12.77 20,938 direct
Footnotes
IDfootnote
f1 reflects payment of tax liability by withholding shares of stock incident to vesting of restricted stock previously issued.
f2 includes (i) unvested restricted shares totaling 4,227 shares of stock from an initial grant of 4,227 shares of restricted stock that begins to vest on march 8, 2022;(ii) unvested restricted shares totaling 3,230 shares of stock from an initial grant of 3,583 shares of restricted stock that begins to vest on march 9, 2021; (iii) unvested restricted shares totaling 3,800 shares of stock from an initial grant of 4,215 shares of restricted stock that begins to vest on march 9, 2021; (iv) unvested restricted shares and fully vested shares totaling 3,095 shares of stock from an initial grant of 3,854 shares of restricted stock made on march 8, 2019; (v) unvested restricted shares and fully vested shares totaling 3,668 shares of stock from an initial grant of 4,567 shares of restricted stock made on march 8, 2019; [continued in next footnote]
f3 (vi) unvested restricted shares and fully vested shares totaling 3,180 shares of stock from an initial grant of 4,435 shares of restricted stock made on march 8, 2019; (vii) unvested restricted shares and fully vested shares totaling 3,997 shares of stock from an initial grant of 5,574 shares of restricted stock made on march 9, 2018; (viii) unvested restricted shares and fully vested shares totaling 5,710 shares of stock from an initial grant of 7,950 shares of restricted stock made on march 8, 2017; [continued in next footnote]
f4 (ix) 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; (x) 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; (xi) 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; [continued in next footnote]
f5 (xii) 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 (xiii) 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.
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.
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