ABRAHAM N. OLER - 02 Aug 2021 Form 4 Insider Report for Onconova Therapeutics, Inc. (TRAW)

Role
SVP Corp Dev & Gen Counsel
Signature
/s/ Mark Guerin as attorney-in-fact
Issuer symbol
TRAW
Transactions as of
02 Aug 2021
Net transactions value
$0
Form type
4
Filing time
04 Aug 2021, 19:12:24 UTC
Next filing
29 Sep 2021
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 ONTX Stock Option (right to purchase) Award $0 +40,000 $0.000000 40,000 02 Aug 2021 Common stock 40,000 $5.19 Direct F1
transaction ONTX Restricted Stock Units Award $0 +13,400 $0.000000 13,400 02 Aug 2021 Common stock 13,400 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.