E. Jonathan Mayhew - Apr 20, 2022 Form 4 Insider Report for Ontrak, Inc. (OTRK)

Role
Chief Executive Officer
Signature
/s/ Jonathan Mayhew
Stock symbol
OTRK
Transactions as of
Apr 20, 2022
Transactions value $
$0
Form type
4
Date filed
4/22/2022, 04:46 PM
Previous filing
Apr 14, 2022

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 +400K 400K Apr 20, 2022 Ontrak, Inc. Common Stock 400K $1.74 Direct F1, F2
transaction OTRK Option (right to buy) Disposed to Issuer -400K -100% 0 Apr 20, 2022 Ontrak, Inc. Common Stock 400K $31.22 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 133,334 of these shares vested on April 12, 2022 and the remaining shares vest equally over the following 24 months, such that all shares shall be vested on April 12, 2024. There was no change to the vesting schedule in connection with the repricing transaction on April 20, 2022.
F2 The reporting person agreed to the repricing of an option granted to him on April 12, 2021.