Keri Jolly - 15 Feb 2022 Form 4 Insider Report for HANGER, INC.

Signature
/s/ Jessica Lochmann Allen, Attorney-in-Fact for Keri Jolly
Issuer symbol
N/A
Transactions as of
15 Feb 2022
Net transactions value
$0
Form type
4
Filing time
16 Feb 2022, 17:01:25 UTC
Previous filing
23 Jun 2021
Next filing
08 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HNGR Common Stock Award $0 +4,195 +13% $0.000000 35,365 15 Feb 2022 Direct F1, F2, F3, F4
* 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 4,195 shares of stock from an initial grant of 4,195 shares of restricted stock that begins to vest on March 8, 2022; (ii) unvested restricted shares totaling 5,284 shares of stock from an initial grant of 5,284 shares of restricted stock that begins to vest on March 8, 2022; (iii) unvested restricted shares totaling 4,038 shares of stock from an initial grant of 4,454 shares of restricted stock made on March 9, 2020; (iv) unvested restricted shares totaling 4,750 shares of stock from an initial grant of 5,240 shares of restricted stock made on March 9, 2020; [continued in next footnote]
F3 (v) unvested restricted shares and fully vested shares totaling 4,029 shares of stock from an initial grant of 4,955 shares of restricted stock made on March 8, 2019;(vi) unvested restricted shares and fully vested shares totaling 4,781 shares of stock from an initial grant of 5,872 shares of restricted stock made on March 8, 2019; (vii) unvested restricted shares and fully vested shares totaling 3,672 shares of stock from an initial grant of 5,103 shares of restricted stock made on June 21, 2018; and (viii) unvested restricted shares and fully vested shares totaling 4,616 shares of stock from an initial grant of 6,414 shares of restricted stock made on June 21, 2018.
F4 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.