0001567619-20-006097.txt : 20200311
0001567619-20-006097.hdr.sgml : 20200311
20200311164922
ACCESSION NUMBER: 0001567619-20-006097
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200309
FILED AS OF DATE: 20200311
DATE AS OF CHANGE: 20200311
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Liang Samuel M.
CENTRAL INDEX KEY: 0001618037
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-10670
FILM NUMBER: 20705893
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
2020-03-09
0
0000722723
HANGER, INC.
HNGR
0001618037
Liang Samuel M.
10910 DOMAIN DRIVE, SUITE 300
AUSTIN
TX
78758
0
1
0
0
Executive Vice President*
Common Stock
2020-03-09
4
F
0
9826
21.95
D
161814
D
Common Stock
2020-03-09
4
F
0
3658
20.55
D
158156
D
Stock Options (right to buy)
12.77
2027-05-19
Common Stock
72231
72231
D
Performance Share Units
2020-05-19
Common Stock
28892
28892
D
Reflects payment of tax liability by withholding shares of stock incident to vesting of restricted stock previously issued.
Includes (i) unvested restricted shares and fully vested shares totaling 12,906 shares of stock from an initial grant of 14,314 shares of restricted stock made on March 8, 2019; (ii) unvested restricted shares and fully vested shares totaling 15,294 shares of stock from an initial grant of 16,963 shares of restricted stock made on March 8, 2019; (iii) unvested restricted shares and fully vested shares totaling 13,226 shares of stock from an initial grant of 16,468 shares of restricted stock made on March 9, 2018; (iv) unvested restricted shares and fully vested shares totaling 17,536 shares of stock from an initial grant of 23,625 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 16,627 shares of stock from an initial grant of 20,701 shares of restricted stock made on March 9, 2018; (vi) fully vested shares totaling 18,652 shares of stock from an initial grant of 20,666 shares of restricted stock made on March 6, 2015; (vii) unvested restricted shares and fully vested shares totaling 16,702 shares of stock from an initial grant of 22,500 shares of restricted stock made on March 8, 2017; [continued in next footnote]
(viii) unvested restricted shares and fully vested shares totaling 4,203 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 18,076 shares of stock from an initial grant of 22,500 shares of restricted stock made on April 29, 2016; (x) fully vested shares totaling 12,318 shares of stock from an initial grant of 13,777 shares of restricted stock made on March 6, 2015 and (xi) fully vested shares totaling 12,616 shares of stock from an initial grant of 14,745 shares of restricted stock made on May 19, 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.
* The reporting person is Executive Vice President of Hanger, Inc. and President and Chief Operating Officer of Hanger Prosthetics & Orthotics, Inc.
/s/ Jessica Lochmann Allen, Attorney-in-Fact for Samuel M. Liang
2020-03-11