Sec Form 4 Filing - Adams Gabrielle B. @ HANGER, INC. - 2016-10-11

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Adams Gabrielle B.
2. Issuer Name and Ticker or Trading Symbol
HANGER, INC. [ HGR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Vice President Accounting
(Last) (First) (Middle)
10910 DOMAIN DRIVE, SUITE 300
3. Date of Earliest Transaction (MM/DD/YY)
10/11/2016
(Street)
AUSTIN, TX78758
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 10/11/2016 A 3,000 ( 1 ) A $ 0 20,523 ( 2 ) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Adams Gabrielle B.
10910 DOMAIN DRIVE, SUITE 300
AUSTIN, TX78758
Vice President Accounting
Signatures
Jessica Lochmann Allen, Attorney-in-Fact for Gabrielle B. Adams 10/13/2016
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents a grant of time-based restricted stock under the Company's 2016 Omnibus Incentive Plan, which vests to the extent of 25% annually beginning on October 11, 2017 and cumulatively vests to the extent of 25% each year thereafter.
( 2 )Includes (i) unvested restricted shares which total 3,000 shares of stock from an initial grant of 3,000 shares of restricted stock that begins to vest on October 11, 2017, (ii) unvested restricted shares which total 7,750 shares of stock from an initial grant of 7,750 shares of restricted stock that begins to vest on March 7, 2017, (iii) unvested restricted shares which total 3,305 shares of stock from an initial grant of 3,305 shares of restricted stock made on November 10, 2015, (iv) unvested restricted shares and fully vested shares which total 2,229 shares of stock from an initial grant of 2,229 shares of restricted stock made on September 8, 2015 and (v) unvested restricted shares and fully vested shares which total 4,239 shares of stock from an initial grant of 4,239 shares of restricted stock made on March 6, 2015. 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 d

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