ABRAHAM N. OLER - 07 Feb 2022 Form 4 Insider Report for Onconova Therapeutics, Inc. (ONTX)

Signature
/s/ Mark Guerin as attorney-in-fact
Issuer symbol
ONTX
Transactions as of
07 Feb 2022
Net transactions value
$0
Form type
4
Filing time
09 Feb 2022, 15:38:57 UTC
Previous filing
31 Jan 2022

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
transaction ONTX Stock Option (right to purchase) Award $0 +54,050 $0.000000 54,050 07 Feb 2022 Common stock 54,050 $1.82 Direct F1
transaction ONTX Restricted Stock Units Award $0 +17,633 $0.000000 17,633 07 Feb 2022 Common stock 17,633 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These options vest over three years, one-third on the first anniversary of the date of grant and thereafter in 24 equal monthly installments over the following two years.
F2 These restricted stock units vest over 3 years from the date of grant: 33% on the first anniversary; 33% on the second anniversary; and 34 % on the third anniversary.
F3 Each restricted stock unit is convertible into one share of common stock.