James J. Park - 20 Apr 2022 Form 4 Insider Report for Ontrak, Inc. (OTRK)

Role
Chief Accounting Officer
Signature
/s/ James Park
Issuer symbol
OTRK
Transactions as of
20 Apr 2022
Net transactions value
$0
Form type
4
Filing time
22 Apr 2022, 16:46:18 UTC
Previous filing
14 Apr 2022
Next filing
01 Dec 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding OTRK Common Stock 1,526 20 Apr 2022 By 401k Plan 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 OTRK Option (right to buy) Award +35,000 35,000 20 Apr 2022 Ontrak, Inc. Common Stock 35,000 $1.74 Direct F2, F3
transaction OTRK Option (right to buy) Disposed to Issuer -35,000 -100% 0 20 Apr 2022 Ontrak, Inc. Common Stock 35,000 $15.55 Direct F2, F3
transaction OTRK Option (right to buy) Award +65,000 65,000 20 Apr 2022 Ontrak, Inc. Common Stock 65,000 $1.74 Direct F3, F4
transaction OTRK Option (right to buy) Disposed to Issuer -65,000 -100% 0 20 Apr 2022 Ontrak, Inc. Common Stock 65,000 $16.01 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As of April 20, 2022, Mr. Park has acquired 1,525.66 shares of the Company's common stock under the Company's 401(k) plan.
F2 8,750 of these shares vested on September 16, 2020 and the remaining shares vest equally over the following 36 months, such that all shares shall be vested on September 16, 2023. There was no change to the vesting schedule in connection with the repricing transaction on April 20, 2022.
F3 The reporting person agreed to the repricing of an options granted to him on December 2, 2019 and February 12, 2020.
F4 16,250 of these shares vested on September 16, 2020 and the remaining shares vest equally over the following 36 months, such that all shares shall be vested on September 16, 2023. There was no change to the vesting schedule in connection with the repricing transaction on April 20, 2022.