Mary Louise Osborne - 20 Apr 2022 Form 4 Insider Report for Ontrak, Inc. (OTRK)

Role
Chief Customer Officer
Signature
/s/ Mary Louise Osborne
Issuer symbol
OTRK
Transactions as of
20 Apr 2022
Transactions value $
$0
Form type
4
Filing time
22 Apr 2022, 16:45:33 UTC
Previous filing
14 Apr 2022
Next filing
01 Sep 2022
SEC
View on sec.gov

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 OTRK Option (right to buy) Award +100K 100K 20 Apr 2022 Ontrak, Inc. Common Stock 100K $1.74 Direct F1, F2
transaction OTRK Option (right to buy) Disposed to Issuer -100K -100% 0 20 Apr 2022 Ontrak, Inc. Common Stock 100K $12.07 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 25,000 of these shares shall vest on August 30, 2022 and the remaining shares shall vest equally over the next 36 months, such that all shares shall be vested on August 30, 2025. There was no change to the vesting schedule in connection with the repricing transaction on April 20, 2022.
F2 The reporting person agreed to the repricing of an option granted to her on August 30, 2021.