Terren S. Peizer - Aug 11, 2021 Form 4 Insider Report for Ontrak, Inc. (OTRK)

Role
Executive Chairman, Director, 10%+ Owner
Signature
/s/ Acuitas Group Holdings, LLC, Terren S. Peizer, Chairman
Stock symbol
OTRK
Transactions as of
Aug 11, 2021
Transactions value $
$123
Form type
4
Date filed
8/13/2021, 09:46 PM
Previous filing
Jul 20, 2021
Next filing
Aug 18, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OTRK Common Stock Exercise of in-the-money or at-the-money derivative security $818K +170K +1.87% $4.80 9.28M Aug 11, 2021 By Acuitas F1
transaction OTRK Common Stock Exercise of in-the-money or at-the-money derivative security $282K +58.8K +0.63% $4.80 9.34M Aug 11, 2021 By Acuitas F1
transaction OTRK Common Stock Exercise of in-the-money or at-the-money derivative security $662K +138K +1.48% $4.80 9.48M Aug 11, 2021 By Acuitas F1
transaction OTRK Common Stock Exercise of in-the-money or at-the-money derivative security $296K +61.8K +0.65% $4.80 9.54M Aug 11, 2021 By Acuitas F1
transaction OTRK Common Stock Exercise of in-the-money or at-the-money derivative security $235K +49K +0.51% $4.80 9.59M Aug 11, 2021 By Acuitas F1
transaction OTRK Common Stock Exercise of in-the-money or at-the-money derivative security $235K +49K +0.51% $4.80 9.64M Aug 11, 2021 By Acuitas F1
transaction OTRK Common Stock Exercise of in-the-money or at-the-money derivative security $174K +36.3K +0.38% $4.80 9.68M Aug 11, 2021 By Acuitas F1
transaction OTRK Common Stock Sale -$818K -30.2K -0.31% $27.12 9.65M Aug 11, 2021 By Acuitas F1, F3
transaction OTRK Common Stock Sale -$282K -10.4K -0.11% $27.12 9.64M Aug 11, 2021 By Acuitas F1, F4
transaction OTRK Common Stock Sale -$662K -24.4K -0.25% $27.12 9.61M Aug 11, 2021 By Acuitas F1, F5
transaction OTRK Common Stock Sale -$296K -10.9K -0.11% $27.12 9.6M Aug 11, 2021 By Acuitas F1, F6
transaction OTRK Common Stock Sale -$235K -8.68K -0.09% $27.12 9.59M Aug 11, 2021 By Acuitas F1, F7
transaction OTRK Common Stock Sale -$235K -8.68K -0.09% $27.12 9.58M Aug 11, 2021 By Acuitas F1, F8
transaction OTRK Common Stock Sale -$174K -6.42K -0.07% $27.12 9.58M Aug 11, 2021 By Acuitas F1, F9

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 OTRK Warrants to Purchase Exercise of in-the-money or at-the-money derivative security $0 -170K -100% $0.00* 0 Aug 11, 2021 Common Stock 170K $4.80 By Acuitas F1, F2
transaction OTRK Warrants to Purchase Exercise of in-the-money or at-the-money derivative security $0 -58.8K -100% $0.00* 0 Aug 11, 2021 Common Stock 58.8K $4.80 By Acuitas F1, F2
transaction OTRK Warrants to Purchase Exercise of in-the-money or at-the-money derivative security $0 -138K -100% $0.00* 0 Aug 11, 2021 Common Stock 138K $4.80 By Acuitas F1, F2
transaction OTRK Warrants to Purchase Exercise of in-the-money or at-the-money derivative security $0 -61.8K -100% $0.00* 0 Aug 11, 2021 Common Stock 61.8K $4.80 By Acuitas F1, F2
transaction OTRK Warrants to Purchase Exercise of in-the-money or at-the-money derivative security $0 -49K -100% $0.00* 0 Aug 11, 2021 Common Stock 49K $4.80 By Acuitas F1, F2
transaction OTRK Warrants to Purchase Exercise of in-the-money or at-the-money derivative security $0 -49K -100% $0.00* 0 Aug 11, 2021 Common Stock 49K $4.80 By Acuitas F1, F2
transaction OTRK Warrants to Purchase Exercise of in-the-money or at-the-money derivative security $0 -36.3K -100% $0.00* 0 Aug 11, 2021 Common Stock 36.3K $4.80 By Acuitas F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 4 is jointly filed by Terren S. Peizer ("Mr. Peizer") and Acuitas Group Holdings, LLC ("Acuitas"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas.
F2 After giving effect to a 1:6 reverse stock split conducted by the issuer on April 25, 2017.
F3 On August 11, 2021, Acuitas exercised a warrant to purchase 170,473 shares of the issuer's common stock for $4.80 per share. Acuitas paid the exercise prices on a cashless basis, resulting in the issuer's withholding of warrant shares to pay the applicable exercise price and issuing to Acuitas the remaining 140,300 shares.
F4 On August 11, 2021, Acuitas exercised a warrant to purchase 58,824 shares of the issuer's common stock for $4.80 per share. Acuitas paid the exercise prices on a cashless basis, resulting in the issuer's withholding of warrant shares to pay the applicable exercise price and issuing to Acuitas the remaining 48,413 shares.
F5 On August 11, 2021, Acuitas exercised a warrant to purchase 137,883 shares of the issuer's common stock for $4.80 per share. Acuitas paid the exercise prices on a cashless basis, resulting in the issuer's withholding of warrant shares to pay the applicable exercise price and issuing to Acuitas the remaining 113,478 shares.
F6 On August 11, 2021, Acuitas exercised a warrant to purchase 61,765 shares of the issuer's common stock for $4.80 per share. Acuitas paid the exercise prices on a cashless basis, resulting in the issuer's withholding of warrant shares to pay the applicable exercise price and issuing to Acuitas the remaining 50,833 shares.
F7 On August 11, 2021, Acuitas exercised a warrant to purchase 49,020 shares of the issuer's common stock for $4.80 per share. Acuitas paid the exercise prices on a cashless basis, resulting in the issuer's withholding of warrant shares to pay the applicable exercise price and issuing to Acuitas the remaining 40,344 shares.
F8 On August 11, 2021, Acuitas exercised a warrant to purchase 49,020 shares of the issuer's common stock for $4.80 per share. Acuitas paid the exercise prices on a cashless basis, resulting in the issuer's withholding of warrant shares to pay the applicable exercise price and issuing to Acuitas the remaining 40,344 shares.
F9 On August 11, 2021, Acuitas exercised a warrant to purchase 36,275 shares of the issuer's common stock for $4.80 per share. Acuitas paid the exercise prices on a cashless basis, resulting in the issuer's withholding of warrant shares to pay the applicable exercise price and issuing to Acuitas the remaining 29,855 shares.