SEC Form 4 · accession 0001140361-15-040768
HANGER, INC. · HNGR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas E Hartman
Officer — VP and General Counsel
Period of report
Nov 10, 2015
Accepted (ET)
Nov 12, 2015 · 12:47 pm EST
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,F2,F3 | Nov 10, 2015 | A | 4,958 | $0.00 | A | 15,858 | 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, which vests to the extent of 25% annually beginning on the first anniversary date of the grant.
- F2Consists of (i) unvested restricted shares totaling 4,958 shares of stock from an initial grant of 4,958 shares of restricted stock made on November 10, 2015; (ii) 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; (iii) unvested restricted shares and fully vested shares totaling 1,589 shares of stock from an initial grant of 1,731 shares of restricted stock made on March 7, 2014; (iv) unvested restricted shares and fully vested shares totaling 2,219 shares of stock from an initial grant of 3,246 shares of restricted stock and performance made on March 11, 2013; (v) unvested restricted shares and fully vested shares totaling 2,008 shares from an initial grant of 4,800 shares of restricted stock made on March 7, 2012 [continued in next footnote]
- F3and (vi) fully vested shares totaling 845 shares from an initial grant of 4,600 shares of restricted stock made on March 25, 2011 and cumulatively vest to the extent of one-quarter each year thereafter, subject to certain provisions under the Plan, and which shall become fully vested upon a termination of employment not involving termination for cause or voluntary termination. 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.