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 |
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 |
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. |