X0306 4 2014-03-07 0 0000722723 HANGER, INC. HGR 0001498511 Morton Andrew C. 10910 DOMAIN DRIVE SUITE 300 AUSTIN TX 78758 0 1 0 0 V.P.-Human Resources Common Stock 2014-03-07 4 A 0 2064 0 A 21767 D Common Stock 2014-03-11 4 S 0 627 35.8843 D 21140 D Represents a grant of time-based restricted stock under the Company's 2010 Omnibus Incentive Plan (the "Plan"), which vests to the extent of 25% annually 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 2,064 additional performance shares under the Plan based on the achievement of certain performance targets for the fiscal year 2014. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person. The shares of common stock were sold to cover taxes incurred as a result of the vesting of restricted shares. Includes (i) unvested restricted shares totaling 2,064 shares of stock from an initial grant of 2,064 shares of restricted stock made on March 7, 2014; (ii) unvested restricted shares and fully vested shares totaling 3,331 shares of stock from an initial grant of 3,958 shares of restricted stock and performance shares made on March 11, 2013; (iii) unvested restricted shares and fully vested shares totaling 4,375 shares of stock from an initial grant of 5,000 shares of restricted stock made on March 7, 2012; (iv) unvested restricted shares and fully vested shares totaling 3,905 shares of stock from an initial grant of 4,900 shares of restricted stock made on March 25, 2011; and [continued in next footnote] (v) unvested restricted shares and fully vested shares totaling 7,465 shares of stock from an initial grant of 12,000 shares of restricted stock made on June 21, 2010. 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. /s/ Jessica Lochmann Allen, Attorney-in-Fact for Andrew C. Morton 2014-03-11