SEC Form 4 · accession 0001140361-15-011204
HANGER, INC. · HNGR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew C. Morton
Officer — V.P.-Human Resources
Period of report
Mar 6, 2015
Accepted (ET)
Mar 10, 2015 · 5:04 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000722723
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 6, 2015 | A | 4,239 | $0.00 | A | 23,114 | D | |
| Common StockF2,F3 | Mar 9, 2015 | F | 578 | $25.43 | D | 22,536 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents a grant of time-based restricted stock under the Company's 2010 Omnibus Incentive Plan (the "Plan"), which vests to the extent of 25% annually 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 4,239 additional performance shares under the Plan based on the achievement of certain performance targets for the fiscal year 2015.
- F2Includes (i) unvested restricted shares totaling 4,239 shares of stock from an initial grant of 4,239 shares of restricted stock made on March 6, 2015; (ii) unvested restricted shares and fully vested shares totaling 1,895 shares of stock from an initial grant of 2,064 shares of restricted stock made on March 7, 2014; (iii) unvested restricted shares and fully vested shares totaling 3,513 shares of stock from an initial grant of 3,958 shares of restricted stock and performance shares made on March 11, 2013; (iv) unvested restricted shares and fully vested shares totaling 3,339 shares of stock from an initial grant of 5,000 shares of restricted stock made on March 7, 2012; (v) unvested restricted shares and fully vested shares totaling 3,385 shares of stock from an initial grant of 4,900 shares of restricted stock made on March 25, 2011; and [continued in next footnote]
- F3(vi) unvested restricted shares and fully vested shares totaling 6,165 shares of stock from an initial grant of 12,000 shares of restricted stock made on June 21, 2010. 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.