David Allen Weber - Jan 14, 2022 Form 4 Insider Report for OTONOMY, INC. (OTIC)

Role: President & CEO, Director
Signature: /s/ Paul E. Cayer, by power of attorney
Stock symbol: OTIC
Transactions as of: Jan 14, 2022
Transactions value $: $0
Form type: 4
Date filed: 1/19/2022, 03:35 PM
Next filing: Mar 29, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OTIC	Common Stock	Award	$0	+150K	+60.79%	$0.00	397K	Jan 14, 2022	Direct	F1
holding	OTIC	Common Stock						21.9K	Jan 14, 2022	See footnote	F2

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	+500K		$0.00	500K	Jan 14, 2022	Common Stock	500K	$2.03	Direct	F3

* 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	The shares are held by The Weber Trust Dated March 9, 2005 for which the Reporting Person serves as trustee.
F3	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.