Mark Patrick Guerin - 10 Jun 2022 Form 4 Insider Report for Onconova Therapeutics, Inc. (TRAW)

Signature
/s/ Mark Guerin
Issuer symbol
TRAW
Transactions as of
10 Jun 2022
Net transactions value
$0
Form type
4
Filing time
13 Jun 2022, 16:03:47 UTC
Previous filing
09 Feb 2022
Next filing
04 Aug 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 +50,250 $0.000000 50,250 10 Jun 2022 Common stock 50,250 $1.33 Direct F1
transaction ONTX Restricted Stock Units Award $0 +16,500 $0.000000 16,500 10 Jun 2022 Common stock 16,500 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.