Kathryn Sullivan - Oct 3, 2022 Form 4 Insider Report for HANGER, INC. (HNGR)

Role
Director
Signature
/s/ Jessica Lochmann Allen, Attorney-in-Fact for Kathryn M. Sullivan
Stock symbol
HNGR
Transactions as of
Oct 3, 2022
Transactions value $
-$1,162,988
Form type
4
Date filed
10/4/2022, 05:25 PM
Previous filing
Sep 1, 2022
Next filing
Dec 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HNGR Common Stock Disposed to Issuer -$1.16M -62K -100% $18.75 0 Oct 3, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Kathryn Sullivan is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Represents shares of issuer's common stock and restricted stock units relating to such common stock that were disposed of in connection with the merger of Hero Merger Sub, Inc. with and into issuer (the "Merger") pursuant to the Agreement and Plan of Merger, dated as of July 21, 2022, by and among issuer, Hero Parent, Inc. and Hero Merger Sub, Inc. (the "Merger Agreement"). At the effective time of the Merger, each issued and outstanding share of issuer's common stock (subject to certain exceptions described in the Merger Agreement) and each restricted stock unit were canceled and converted into the right to receive $18.75 in cash.