Thomas E. Kiraly - 07 Mar 2022 Form 4 Insider Report for HANGER, INC.

Role: EVP & Chief Financial Officer
Signature: Jessica Lochmann Allen, Attorney-in-Fact for Thomas E. Kiraly
Issuer symbol: N/A
Transactions as of: 07 Mar 2022
Net transactions value: $0
Form type: 4
Filing time: 08 Mar 2022, 18:09:10 UTC
Previous filing: 16 Feb 2022
Next filing: 10 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HNGR	Common Stock	Award	$0	+21,597	+8.4%	$0.000000	277,514	07 Mar 2022	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	HNGR	Stock Options (right to buy)						31,389	07 Mar 2022	Common Stock	31,389	$12.77	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents a grant of time-based restricted stock under the Company's 2019 Omnibus Incentive Plan ("Plan"), which vests to the extent of 25% annually beginning on the first anniversary date of the grant and cumulatively vests to the extent of 25% each year thereafter. The restricted stock being reported does not include the contingent right of the reporting person to receive up to 21,597 additional performance shares under the Plan based on the achievement of certain performance targets for the fiscal year 2022.
F2	Stock options were granted under the Company's Special Equity Plan and vested 1/3 on each of May 19, 2018, 2019 and 2020.

Content

Represents a grant of time-based restricted stock under the Company's 2019 Omnibus Incentive Plan ("Plan"), which vests to the extent of 25% annually beginning on the first anniversary date of the grant and cumulatively vests to the extent of 25% each year thereafter. The restricted stock being reported does not include the contingent right of the reporting person to receive up to 21,597 additional performance shares under the Plan based on the achievement of certain performance targets for the fiscal year 2022.

Stock options were granted under the Company's Special Equity Plan and vested 1/3 on each of May 19, 2018, 2019 and 2020.