SEC Form 4 · accession 0001140361-16-082711

HANGER, INC. · HNGR

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Table I — non-derivative securities

Table II — derivative securities

Explanation of responses

• F1Represents a grant of time-based restricted stock under the Company's 2016 Omnibus Incentive Plan, which vests to the extent of 25% annually beginning on October 11, 2017 and cumulatively vests to the extent of 25% each year thereafter.
• F2Includes (i) unvested restricted shares which total 5,000 shares of stock from an initial grant of 5,000 shares of restricted stock that begins to vest on October 11, 2017; (ii) unvested restricted shares totaling 11,000 shares of stock from an initial grant of 11,000 shares of restricted stock that begins to vest on March 7, 2017; (iii) unvested restricted shares and fully vested shares totaling 5,840 shares of stock from an initial grant of 6,359 shares of restricted stock made on March 6, 2015; (iv) unvested restricted shares and fully vested shares totaling 3,362 shares of stock from an initial grant of 3,661 shares of restricted stock made on March 7, 2014; (v) unvested restricted shares and fully vested shares totaling 6,374 shares of stock from an initial grant of 8,075 shares of restricted stock and performance shares made on March 11, 2013; [continued in next footnote]
• F3(vi) fully vested shares totaling 6,833 shares of stock from an initial grant of 13,800 shares of restricted stock and performance shares made on March 7, 2012 and (vii) fully vested shares totaling 5,422 shares of stock from an initial grant of 15,000 shares of restricted stock made on September 19, 2011. 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.

Remarks

* President and Chief Operating Officer of Southern Prosthetic Supply, Inc.