Filing Details

Accession Number:
0001567619-18-006089
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-11-14 12:09:50
Reporting Period:
2018-11-12
Accepted Time:
2018-11-14 12:09:50
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
722723 Hanger Inc. HNGR Services-Specialty Outpatient Facilities, Nec (8093) 840904275
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1466989 E Thomas Hartman 10910 Domain Drive
Suite 300
Austin TX 78758
Svp And General Counsel No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2018-11-12 302 $20.03 62,408 No 4 F Direct
Common Stock Disposition 2018-11-12 2,200 $20.26 60,208 No 4 S Direct
Common Stock Disposition 2018-11-13 3,800 $19.67 56,408 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 F Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Stock Options (right to buy) $12.77 2027-05-19 70,818 70,818 Direct
Common Stock Performance Share Units $0.00 2020-05-19 28,327 28,327 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2027-05-19 70,818 70,818 Direct
2020-05-19 28,327 28,327 Direct
Footnotes
  1. Reflects payment of tax liability by withholding shares of stock incident to vesting of restricted stock previously issued.
  2. These shares were sold at a range of sale prices from $20.00 to $20.5365. The reporting person will provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
  3. These shares were sold at a range of sale prices from $19.50 to $19.95. The reporting person will provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
  4. Consists of (i) unvested restricted shares and fully vested shares totaling 9,860 shares of stock from an initial grant of 10,500 shares of restricted stock, 25% of which vested on May 17, 2018 and the remainder of which will vest on March 8, 2019, 2020 and 2021; (ii) unvested restricted shares totaling 11,147 shares of stock from an initial grant of 11,147 shares of restricted stock that begins to vest on March 9, 2019; (iii) unvested restricted shares and fully vested shares totaling 5,042 shares of stock from an initial grant of 6,359 shares of restricted stock, half of which vested on January 25, 2018 and the remainder of which will vest on March 6, 2018 and 2019; (iv) unvested restricted shares and fully vested shares totaling 9,391 shares of stock from an initial grant of 10,000 shares of restricted stock that begins to vest on March 8, 2018; [continued in next footnote]
  5. (v) unvested restricted shares and fully vested shares totaling 4,353 shares of stock from an initial grant of 5,000 shares of restricted stock that begins to vest on October 11, 2017; (vi) unvested restricted shares and fully vested shares totaling 6,911 shares of stock from an initial grant of 10,000 shares of restricted stock that begins to vest on March 7, 2017; (vii) unvested restricted shares and fully vested shares totaling 3,977 shares of stock from an initial grant of 4,958 shares of restricted stock made on November 10, 2015; (viii) unvested restricted shares and fully vested shares totaling 2,885 shares of stock from an initial grant of 4,239 shares of restricted stock made on March 6, 2015; [continued in next footnote]
  6. (ix) fully vested shares totaling 764 shares of stock from an initial grant of 1,731 shares of restricted stock made on March 7, 2014 (x) fully vested shares totaling 878 shares of stock from an initial grant of 3,246 shares of restricted stock and performance made on March 11, 2013; and (xi) fully vested shares totaling 1,200 shares from an initial grant of 4,800 shares of restricted stock made on March 7, 2012.
  7. 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.
  8. Stock options were granted under the Company's Special Equity Plan and vest 1/3 on each of May 19, 2018, 2019 and 2020.
  9. Performance share units ("PSUs") were granted under the Company's Special Equity Plan. Each PSU represents a contingent right to receive one share of common stock if predetermined levels of absolute common stock price compounded annual growth rate are achieved over a three-year performance period ending on the third anniversary of the grant date. The number of PSUs shown in the table represents the maximum number that could be earned; the target number is one-half the maximum number.