Scott Ranson - Feb 15, 2022 Form 4 Insider Report for HANGER, INC. (HNGR)

Signature
/s/ Jessica Lochmann Allen, Attorney-in-Fact for Scott Ranson
Stock symbol
HNGR
Transactions as of
Feb 15, 2022
Transactions value $
$0
Form type
4
Date filed
2/16/2022, 04:59 PM
Previous filing
Jun 2, 2021
Next filing
Mar 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HNGR Common Stock Award $0 +4.62K +4.46% $0.00 108K Feb 15, 2022 Direct F1, F2, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents performance shares being issued to the reporting person based on the achievement of performance targets for the period beginning January 1, 2021 and ending on December 31, 2021. These performance shares vest in equal tranches over a four year period, commencing on the first anniversary of the grant date.
F2 Includes (i) unvested restricted shares totaling 4,615 shares of stock from an initial grant of 4,615 shares of restricted stock that begins to vest on March 8, 2022; (ii) unvested restricted shares totaling 5,812 shares of stock from an initial grant of 5,812 shares of restricted stock that begins to vest on March 8, 2022; (iii) unvested restricted shares totaling 4,828 shares of stock from an initial grant of 5,326 shares of restricted stock that begins to vest on March 9, 2021; (iv) unvested restricted shares totaling 5,680 shares of stock from an initial grant of 6,265 shares of restricted stock that begins to vest on March 9, 2021; [continued in next footnote]
F3 (v) unvested restricted shares and fully vested shares totaling 4,894 shares of stock from an initial grant of 6,056 shares of restricted stock made on March 8, 2019;(vi) unvested restricted shares and fully vested shares totaling 3,989 shares of stock from an initial grant of 5,583 shares of restricted stock made on March 9, 2018; (vii) unvested restricted shares and fully vested shares totaling 5,800 shares of stock from an initial grant of 7,177 shares of restricted stock made on March 8, 2019; (viii) unvested restricted shares and fully vested shares totaling 5,491 shares of stock from an initial grant of 8,400 shares of restricted stock, the remainder of which vested on March 8, 2021; (ix) unvested restricted shares and fully vested shares totaling 5,014 shares of stock from an initial grant of 7,017 shares of restricted stock made on March 9, 2018; [continued in next footnote]
F4 (x) unvested restricted shares and fully vested shares totaling 5,126 shares of stock from an initial grant of 8,000 shares of restricted stock made on March 8, 2017; (xi) fully vested shares totaling 3,394 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 4,793 shares of stock from an initial grant of 7,500 shares of restricted stock made on April 29, 2016; and (xiii) fully vested shares totaling 15,997 shares of stock from an initial grant of 20,582 shares of restricted stock made on August 3, 2015.
F5 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.

Remarks:

* Executive Vice President, Corporate Services and Chief Information Officer