Robert Michael Savel II - Jan 14, 2022 Form 4 Insider Report for OTONOMY, INC. (OTIC)

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, 03:36 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 +70K +85.96% $0.00 151K Jan 14, 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 +130K $0.00 130K Jan 14, 2022 Common Stock 130K $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.