0001567619-20-004471.txt : 20200220 0001567619-20-004471.hdr.sgml : 20200220 20200220165201 ACCESSION NUMBER: 0001567619-20-004471 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200218 FILED AS OF DATE: 20200220 DATE AS OF CHANGE: 20200220 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Kiraly Thomas E CENTRAL INDEX KEY: 0001623986 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-10670 FILM NUMBER: 20635958 MAIL ADDRESS: STREET 1: 10910 DOMAIN DRIVE, SUITE 300 CITY: AUSTIN STATE: TX ZIP: 78758 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: HANGER, INC. CENTRAL INDEX KEY: 0000722723 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-SPECIALTY OUTPATIENT FACILITIES, NEC [8093] IRS NUMBER: 840904275 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 10910 DOMAIN DRIVE STREET 2: SUITE 300 CITY: AUSTIN STATE: TX ZIP: 78758 BUSINESS PHONE: 512-777-3800 MAIL ADDRESS: STREET 1: 10910 DOMAIN DRIVE STREET 2: SUITE 300 CITY: AUSTIN STATE: TX ZIP: 78758 FORMER COMPANY: FORMER CONFORMED NAME: HANGER ORTHOPEDIC GROUP INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: SEQUEL CORP DATE OF NAME CHANGE: 19890814 FORMER COMPANY: FORMER CONFORMED NAME: CELLTECH COMMUNICATIONS INC DATE OF NAME CHANGE: 19860304 4 1 doc1.xml FORM 4 X0306 4 2020-02-18 0 0000722723 HANGER, INC. HNGR 0001623986 Kiraly Thomas E 10910 DOMAIN DRIVE SUITE 300 AUSTIN TX 78758 0 1 0 0 EVP & Chief Financial Officer Common Stock 2020-02-18 4 A 0 16185 0 A 224216 D Stock Options (right to buy) 12.77 2027-05-19 Common Stock 62778 31389 D Performance Share Units 2020-05-19 Common Stock 37667 37667 D Represents performance shares being issued to the reporting person based on the achievement of performance targets for the period beginning January 1, 2019 and ending on December 31, 2019. These performance shares vest in equal tranches over a four year period, commencing on the first anniversary of the grant date. Includes (i) unvested restricted shares totaling 16,185 shares of stock from an initial grant of 16,185 shares of restricted stock which begins to vest on March 8, 2020; (ii) unvested restricted shares totaling 19,181 shares of stock from an initial grant of 19,181 shares of restricted stock that begins to vest on March 8, 2020; (iii) unvested restricted shares and fully vested shares totaling 16,790 shares of stock from an initial grant of 18,622 shares of restricted stock made on March 9, 2018; (iv) unvested restricted shares and fully vested shares totaling 22,069 shares of stock from an initial grant of 26,250 shares of restricted stock, the remainder of which will vest on March 8, 2020 and 2021; [continued in next footnote] (v) unvested restricted shares and fully vested shares totaling 21,105 shares of stock from an initial grant of 23,408 shares of restricted stock made on March 8, 2018; (vi) fully vested shares totaling 16,887 shares of stock from an initial grant of 23,844 shares of restricted stock made on March 6, 2015; (vii) unvested restricted shares and fully vested shares totaling 21,018 shares of stock from an initial grant of 25,000 shares of restricted stock made on March 8, 2017; (viii) unvested restricted shares and fully vested shares totaling 3,674 shares of stock from an initial grant of 5,000 shares of restricted stock made on October 11, 2016; (ix) unvested restricted shares and fully vested shares totaling 19,346 shares of stock from an initial grant of 25,000 shares of restricted stock April 29, 2016; [continued in next footnote] (x) fully vested shares totaling 12,037 shares of stock from an initial grant of 15,896 shares of restricted stock made on March 6, 2015 and (xi) fully vested shares totaling 38,075 shares of stock from an initial grant of 49,660 shares of restricted stock made on October 1, 2014. 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. Stock options were granted under the Company's Special Equity Plan and vest 1/3 on each of May 19, 2018, 2019 and 2020. Performance share units ("PSUs") were granted under the Company's Special Equity Plan. Each PSU represents a contingent right to receive one share of common stock if predetermined levels of absolute common stock price compounded annual growth rate are achieved over a three-year performance period ending on the third anniversary of the grant date. The number of PSUs shown in the table represents the maximum number that could be earned; the target number is one-half the maximum number. Jessica Lochmann Allen, Attorney-in-Fact for Thomas E. Kiraly 2020-02-20