SEC Form 4 · accession 0001140361-17-011294
HANGER, INC. · HNGR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul A. Severt
Officer — Treasurer
Period of report
Mar 8, 2017
Accepted (ET)
Mar 9, 2017 · 7:14 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 | Mar 8, 2017 | A | 2,500 | $0.00 | A | 12,777 | 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 2016 Omnibus Incentive Plan (the "Plan"), which vests to the extent of 25% annually beginning on March 8, 2018 and cumulatively vests to the extent of 25% each year thereafter.
- F2Includes (i) unvested restricted shares totaling 2,500 shares of stock from an initial grant of 2,500 shares of restricted stock that begins to vest on March 8, 2018, (ii) unvested restricted shares and fully vested shares totaling 5,100 shares of stock from an initial grant of 5,100 shares of restricted stock that begins to vest on March 7, 2017 and (iii) unvested restricted shares and fully vested shares totaling 5,177 shares of stock from an initial grant of 5,177 shares of restricted stock made on June 8, 2015. 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.