Mitchell D. Dobson - Feb 15, 2022 Form 4 Insider Report for HANGER, INC. (HNGR)

Signature
/s/ Jessica Lochmann Allen, Attorney-in-Fact for Mitchell D. Dobson
Stock symbol
HNGR
Transactions as of
Feb 15, 2022
Transactions value $
$0
Form type
4
Date filed
2/16/2022, 05:03 PM
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 -2.52K -6.52% $0.00 36.1K Feb 15, 2022 Direct F1, F2, F3, F4, F5, F6
* 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 Consists of (i) unvested restricted shares totaling 2,517 shares of stock from an initial grant of 2,517 shares of restricted stock that begins to vest on March 8, 2022; (ii) unvested restricted shares totaling 3,170 shares of stock from an initial grant of 3,170 shares of restricted stock that begins to vest on March 8, 2022; (iii) unvested restricted shares totaling 3,316 shares of stock from an initial grant of 3,583 shares of restricted stock that begins to vest on March 9, 2021; (iv) unvested restricted shares totaling 3,901 shares of stock from an initial grant of 4,215 shares of restricted stock that begins to vest on March 9, 2021; (v) unvested restricted shares and fully vested shares totaling 3,332 shares of stock from an initial grant of 3,854 shares of restricted stock made on March 8, 2019; [continued in next footnote]
F3 (vi) unvested restricted shares and fully vested shares totaling 3,958 shares of stock from an initial grant of 4,567 shares of restricted stock made on March 8, 2019; (vii) unvested restricted shares and fully vested shares totaling 3,837 shares of stock from an initial grant of 5,000 shares of restricted stock made on March 9, 2018; (viii) unvested restricted shares and fully vested shares totaling 3,413 shares of stock from an initial grant of 5,000 shares of restricted stock made on March 8, 2017; (ix) unvested restricted shares and fully vested shares totaling 2,667 shares of stock from an initial grant of 4,150 shares of restricted stock made on April 29, 2016; [continued in next footnote]
F4 (x) fully vested shares totaling 1,247 shares of stock from an initial grant of 1,653 shares of restricted stock made on November 10, 2015; (xi) fully vested shares totaling 119 shares of stock from an initial grant of 200 shares of restricted stock made on March 6, 2015; (xii) fully vested shares totaling 2,179 shares of stock from an initial grant of 3,604 shares of restricted stock made on March 6, 2015; [continued in next footnote]
F5 (xiii) fully vested shares totaling 990 shares of stock from an initial grant of 1,598 shares of restricted stock made on March 7, 2014; (xiv) fully vested shares totaling 827 shares of stock from an initial grant of 1,800 shares of restricted stock made on March 11, 2013; (xv) fully vested shares totaling 428 shares from an initial grant of 1,400 shares of restricted stock made on March 7, 2012; and (xvi) fully vested shares totaling 214 shares from an initial grant of 1,400 shares of restricted stock made on March 25, 2011.
F6 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.