Sec Form 4 Filing - Hartman Thomas E @ HANGER, INC. - 2021-03-09

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
Hartman Thomas E
2. Issuer Name and Ticker or Trading Symbol
HANGER, INC. [ HNGR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
SVP and General Counsel
(Last) (First) (Middle)
10910 DOMAIN DRIVE, SUITE 300
3. Date of Earliest Transaction (MM/DD/YY)
03/09/2021
(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 03/09/2021 F( 1 ) 3,422 D $ 23.46 110,989 ( 2 ) ( 3 ) ( 4 ) ( 5 ) ( 6 ) 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
Stock Options (right to buy) $ 12.77 ( 7 ) 05/19/2027 Common Stock 70,818 70,818 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Hartman Thomas E
10910 DOMAIN DRIVE
SUITE 300
AUSTIN, TX78758
SVP and General Counsel
Signatures
/s/ Jessica Lochmann Allen, Attorney-in-Fact for Thomas E. Hartman 03/11/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Reflects payment of tax liability by withholding shares of stock incident to vesting of restricted stock previously issued.
( 2 )Consists of (i) unvested restricted shares totaling 8,665 shares of stock from an initial grant of 8,665 shares of restricted stock that begins to vest on March 8, 2022 (ii) unvested restricted shares totaling 6,111 shares of stock from an initial grant of 6,778 shares of restricted stock that begins to vest on March 9, 2021 (iii) unvested restricted shares totaling 7,188 shares of stock from an initial grant of 7,973 shares of restricted stock that begins to vest on March 9, 2021 (iv) unvested restricted shares and fully vested shares totaling 6,190 shares of stock from an initial grant of 7,708 shares of restricted stock made on March 8, 2019; [continued in next footnote]
( 3 )(v) unvested restricted shares and fully vested shares totaling 7,336 shares of stock from an initial grant of 9,134 shares of restricted stock made on March 8, 2019; (vi) unvested restricted shares and fully vested shares totaling 6,293 shares of stock from an initial grant of 8,868 shares of restricted stock made on March 9, 2018; (vii) unvested restricted shares and fully vested shares totaling 6,813 shares of stock from an initial grant of 10,500 shares of restricted stock, the remainder of which vested on March 8, 2021; (viii) unvested restricted shares and fully vested shares totaling 7,912 shares of stock from an initial grant of 11,147 shares of restricted stock made on March 9, 2018; [continued in next footnote]
( 4 )(ix) fully vested shares totaling 4,363 shares of stock from an initial grant of 6,359 shares of restricted stock made on March 6, 2015; (x) unvested restricted shares and fully vested shares totaling 6,489 shares of stock from an initial grant of 10,000 shares of restricted stock made on March 8, 2017; (xi) fully vested shares totaling 3,394 shares of stock from an initial grant of 5,000 shares of restricted stock made on October 11, 2016; (xii) unvested restricted shares and fully vested shares totaling 4,980 shares of stock from an initial grant of 10,000 shares of restricted stock made on April 29, 2016; (xiii) fully vested shares totaling 3,513 shares of stock from an initial grant of 4,958 shares of restricted stock made on November 10, 2015; [continued in next footnote]
( 5 )(xiv) fully vested shares totaling 2,432 shares of stock from an initial grant of 4,239 shares of restricted stock made on March 6, 2015; (xv) fully vested shares totaling 764 shares of stock from an initial grant of 1,731 shares of restricted stock made on March 7, 2014; (xvi) fully vested shares totaling 878 shares of stock from an initial grant of 3,246 shares of restricted stock and performance made on March 11, 2013; and (xvii) fully vested shares totaling 1,200 shares from an initial grant of 4,800 shares of restricted stock made on March 7, 2012.
( 6 )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.
( 7 )Stock options were granted under the Company's Special Equity Plan and vest 1/3 on each of May 19, 2018, 2019 and 2020.

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