SEC Form 4 · accession 0001140361-18-013102
HANGER, INC. · HNGR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lucinda M. Baily
Officer — Sr VP & Chf Compliance Officer
Period of report
Mar 9, 2018
Accepted (ET)
Mar 12, 2018 · 6:16 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,F2 | Mar 9, 2018 | A | 6,370 | $0.00 | A | 6,370 | 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 ("Plan"), which vests to the extent of 25% annually beginning on March 9, 2019 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 6,370 additional performance shares under the Plan based on the achievement of certain performance targets for the fiscal year 2018.
- F2Includes unvested restricted shares which total 6,370 shares of stock from an initial grant of 6,370 shares of restricted stock that begins to vest on March 9, 2019. 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.