Filing Details

Accession Number:
0001140361-14-012242
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-03-11 19:06:49
Reporting Period:
2014-03-07
Filing Date:
2014-03-11
Accepted Time:
2014-03-11 19:06:49
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
1530777 W. Kenneth Wilson C/O Hanger Orthopedic Group, Inc.
10910 Domain Drive, Suite 300
Austin TX 78758
Pres./Coo Southern Prosthetic* 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 3,661 $0.00 29,586 No 4 A Direct
Common Stock Disposition 2014-03-11 1,090 $35.88 28,496 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 3,662 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. Includes (i) unvested restricted shares totaling 3,661 shares of stock from an initial grant of 3,661 shares of restricted stock made on March 7, 2014; (ii) unvested restricted shares and fully vested shares totaling 6,985 shares of stock from an initial grant of 8,075 shares of restricted stock and performance shares made on March 11, 2013; (iii) unvested restricted shares and fully vested shares which total 10,350 shares of stock from an initial grant of 13,800 shares of restricted stock and performance shares made on March 7, 2012; and (iv) unvested restricted shares totaling 7,500 shares of stock from an initial grant of 15,000 shares of restricted stock made on September 19, 2011.
  5. 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.