Filing Details

Accession Number:
0001140361-14-012225
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-03-11 18:58:51
Reporting Period:
2014-03-07
Filing Date:
2014-03-11
Accepted Time:
2014-03-11 18:58:51
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
722723 Hanger Inc. HGR 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
Vp 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 Acquisiton 2014-03-07 1,731 $0.00 12,502 No 4 A Direct
Common Stock Disposition 2014-03-11 551 $35.88 11,951 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 S Direct
Footnotes
  1. Represents a grant of time-based restricted stock under the Company's 2010 Omnibus Incentive Plan (the "Plan"), which vests to the extent of 25% annually on the first anniversary date of the grant 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 1,731 additional performance shares under the Plan based on the achievement of certain performance targets for the fiscal year 2014.
  2. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
  3. The shares of common stock were sold to cover taxes incurred as a result of the vesting of restricted shares.
  4. Consists of (i) unvested restricted shares totaling 1,731 shares of stock from an initial grant of 1,731 shares of restricted stock made on March 7, 2014; (ii) unvested restricted shares and fully vested shares totaling 2,695 shares of stock from an initial grant of 3,246 shares of restricted stock and performance made on March 11, 2013; (iii) unvested restricted shares and fully vested shares totaling 3,600 shares from an initial grant of 4,800 shares of restricted stock made on March 7, 2012; (iv) unvested restricted shares totaling 2,300 shares from an initial grant of 4,600 shares of restricted stock made on March 25, 2011 and [continued in next footnote]
  5. (v) unvested restricted shares totaling 1,625 from an initial grant of 6,500 shares of restricted stock made on March 30, 2010 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.