Alan Charles Foster - 14 Jan 2022 Form 4 Insider Report for OTONOMY, INC. (OTIC)

Role: Chief Scientific Officer
Signature: /s/ Paul E. Cayer, by power of attorney
Issuer symbol: OTIC
Transactions as of: 14 Jan 2022
Net transactions value: $0
Form type: 4
Filing time: 19 Jan 2022, 15:37:29 UTC
Next filing: 29 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OTIC	Common Stock	Award	$0	+70,000	+63%	$0.000000	181,403	14 Jan 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
transaction	OTIC	Stock Option (right to buy)	Award	$0	+130,000		$0.000000	130,000	14 Jan 2022	Common Stock	130,000	$2.03	Direct	F2

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

Explanation of Responses:

Id	Content
F1	Each share is represented by a Restricted Stock Unit ("RSU"). One-third (1/3) of the RSUs will vest on January 14, 2023 and 1/3 of the RSUs will vest on each of the two anniversaries thereafter, subject to the Reporting Person's continued service as of each such vesting date.
F2	One-third (1/3) of the shares subject to the option vest on January 14, 2023 and one thirty-sixth (1/36) of the shares vest monthly thereafter, subject to the Reporting Person's continued service as of each such vesting date.