Vinit Asar - Mar 7, 2022 Form 4 Insider Report for HANGER, INC. (HNGR)

Role
President and CEO, Director
Signature
/s/ Jessica Lochmann Allen, Attorney-in-Fact for Vinit K. Asar
Stock symbol
HNGR
Transactions as of
Mar 7, 2022
Transactions value $
$0
Form type
4
Date filed
3/8/2022, 06:00 PM
Previous filing
Mar 1, 2022
Next filing
Mar 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HNGR Common Stock Award $0 +69.1K +8.43% $0.00 889K Mar 7, 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding HNGR Stock Options (right to buy) 160K Mar 7, 2022 Common Stock 160K $12.77 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of time-based restricted stock under the Company's 2019 Omnibus Incentive Plan ("Plan"), which vests to the extent of 25% annually beginning 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 103,665 additional performance shares under the Plan based on the achievement of certain performance targets for the fiscal year 2022.
F2 Stock options were granted under the Company's Special Equity Plan and vested 1/3 on each of May 19, 2018, 2019 and 2020.