4//SEC Filing
Wendt Jay C 4
Accession 0001567619-18-004147
CIK 0000722723other
Filed
Oct 14, 8:00 PM ET
Accepted
Oct 15, 4:33 PM ET
Size
10.0 KB
Accession
0001567619-18-004147
Insider Transaction Report
Form 4
HANGER, INC.HNGR
Wendt Jay C
President, Products & Services
Transactions
- Tax Payment
Common Stock
2018-10-11$19.40/sh−213$4,132→ 33,199 total
Holdings
- 29,738
Stock Options (right to buy)
Exercise: $12.77Exp: 2027-05-19→ Common Stock (29,738 underlying) - 11,895
Performance Share Units
Exp: 2020-05-19→ Common Stock (11,895 underlying)
Footnotes (6)
- [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 3,975 shares of stock from an initial grant of 3,975 shares of restricted stock made on March 9, 2018; (ii) unvested restricted shares and fully vested shares totaling 7,228 shares of stock from an initial grant of 7,688 shares of restricted stock and performance shares made on March 8, 2017 (iii) unvested restricted shares and fully vested shares totaling 2,581 shares of stock from an initial grant of 3,000 shares of restricted stock made on October 11, 2016; (iv) unvested restricted shares and fully vested shares totaling 3,180 shares of stock from an initial grant of 3,700 shares of restricted stock made on April 29, 2016; (v) unvested restricted shares and fully vested shares totaling 2,853 shares of stock from an initial grant of 3,305 shares of restricted stock made on November 10, 2015; [continued in next footnote]
- [F3](vi) unvested restricted shares and fully vested shares totaling 6,817 shares of stock from an initial grant of 8,480 shares of restricted stock and performance shares made on March 6, 2015; (vii) fully vested shares totaling 1,388 shares of stock from an initial grant of 1,997 shares of restricted stock made on March 7, 2014; (viii) fully vested shares totaling 2,416 shares of stock from an initial grant of 3,958 shares of restricted stock and performance shares made on March 11, 2013 and (ix) fully vested shares totaling 2,761 shares of stock from an initial grant of 6,600 shares of restricted stock and performance shares made on March 7, 2012.
- [F4]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.
- [F5]Stock options were granted under the Company's Special Equity Plan and vest 1/3 on each of May 19, 2018, 2019 and 2020.
- [F6]Performance share units ("PSUs") were granted under the Company's Special Equity Plan. Each PSU represents a contingent right to receive one share of common stock if predetermined levels of absolute common stock price compounded annual growth rate are achieved over a three-year performance period ending on the third anniversary of the grant date. The number of PSUs shown in the table represents the maximum number that could be earned; the target number is one-half the maximum number.
Documents
Issuer
HANGER, INC.
CIK 0000722723
Entity typeother
Related Parties
1- filerCIK 0001745679
Filing Metadata
- Form type
- 4
- Filed
- Oct 14, 8:00 PM ET
- Accepted
- Oct 15, 4:33 PM ET
- Size
- 10.0 KB