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Filing Details

Accession Number:: 0001567619-21-012435
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-06-21 16:19:46
Reporting Period:: 2021-06-16

Accepted Time:: 2021-06-21 16:19:46
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
1623986	E Thomas Kiraly	10910 Domain Drive Suite 300 Austin TX 78758	Evp & Chief Financial Officer	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2021-06-16	8,750	$25.50	259,575	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct

Reported Derivative Holdings

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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	62,778	31,389	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2027-05-19	62,778	31,389	Direct

Footnotes

The sale by Mr. Kiraly was effected automatically upon the satisfaction of certain timing, trading price and other conditions under a trading plan designed to comply with Rule 10b5-1 of the Securities Exchange Act of 1934. Mr. Kiraly entered into this trading plan on December 4, 2020 and up to 17,500 additional shares could be sold through periodic sales that may occur under this plan through the end of 2021 if the conditions of the plan are met.
These shares were sold at a range of sale prices from $25.27 to $25.66. 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.
Includes (i) unvested restricted shares totaling 17,435 shares of stock from an initial grant of 17,435 shares of restricted stock which begins to vest on March 8, 2022 (ii) unvested restricted shares totaling 13,094 shares of stock from an initial grant of 14,523 shares of restricted stock made on March 9, 2020 (iii) unvested restricted shares totaling 15,404 shares of stock from an initial grant of 17,085 shares of restricted stock made on March 9, 2020; (iv) unvested restricted shares and fully vested shares totaling 12,999 shares of stock from an initial grant of 16,185 shares of restricted stock made on March 8, 2019; [continued in next footnote]
(v) unvested restricted shares and fully vested shares totaling 15,407 shares of stock from an initial grant of 19,181 shares of restricted stock made on March 8, 2019; (vi) unvested restricted shares and fully vested shares totaling 13,125 shares of stock from an initial grant of 18,622 shares of restricted stock made on March 9, 2018; (vii) unvested restricted shares and fully vested shares totaling 16,903 shares of stock from an initial grant of 26,250 shares of restricted stock, the remainder of which vested on March 8, 2021; (viii) unvested restricted shares and fully vested shares totaling 16,499 shares of stock from an initial grant of 23,408 shares of restricted stock made on March 8, 2018; (ix) fully vested shares totaling 16,887 shares of stock from an initial grant of 23,844 shares of restricted stock made on March 6, 2015; [continued in next footnote]
(x) unvested restricted shares and fully vested shares totaling 12,388 shares of stock from an initial grant of 25,000 shares of restricted stock made on March 8, 2017; (xi) fully vested shares totaling 3,182 shares of stock from an initial grant of 5,000 shares of restricted stock made on October 11, 2016; (xii) unvested restricted shares and fully vested shares totaling 13,096 shares of stock from an initial grant of 25,000 shares of restricted stock April 29, 2016; (xiii) fully vested shares totaling 12,037 shares of stock from an initial grant of 15,896 shares of restricted stock made on March 6, 2015 and (xiv) fully vested shares totaling 38,075 shares of stock from an initial grant of 49,660 shares of restricted stock made on October 1, 2014.
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.
Stock options were granted under the Company's Special Equity Plan and vest 1/3 on each of May 19, 2018, 2019 and 2020.