Steven M. Fruchtman - 07 Feb 2024 Form 4 Insider Report for Onconova Therapeutics, Inc. (TRAW)

Signature
/s/ Mark Guerin, Attorney-in-Fact
Issuer symbol
TRAW
Transactions as of
07 Feb 2024
Net transactions value
-$6,172
Form type
4
Filing time
09 Feb 2024, 17:36:36 UTC
Previous filing
04 Aug 2023
Next filing
15 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ONTX Common Stock Options Exercise +21,320 +44% 69,620 07 Feb 2024 Direct F1
transaction ONTX Common Stock Tax liability $6,172 -9,212 -13% $0.6700 60,408 07 Feb 2024 Direct

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 Restricted Stock Units Options Exercise $0 -21,320 -50% $0.000000 21,320 07 Feb 2024 Common Stock 21,320 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 On February 7, 2022 the reporting person was granted 63,960 restricted stock units which 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.