Brandon H. LaVerne - Apr 20, 2022 Form 4 Insider Report for Ontrak, Inc. (OTRK)

Role
Chief Financial Officer
Signature
/s/ Brandon LaVerne
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
Next filing
Sep 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding OTRK Common Stock 2.74K Apr 20, 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 +150K 150K Apr 20, 2022 Ontrak, Inc. Common Stock 150K $1.74 Direct F2, F3
transaction OTRK Option (right to buy) Disposed to Issuer -150K -100% 0 Apr 20, 2022 Ontrak, Inc. Common Stock 150K $14.38 Direct F2, F3
* 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. LaVerne has acquired 2,740 shares of the Company's common stock under the Company's 401(K) plan.
F2 50,000 of these shares vested March 25, 2021 and the remaining shares vest equally over the following 24 months, such that all shares shall be vested on March 25, 2023. There was no change to the vesting scedule in connection with the repricing transaction on April 20, 2022.
F3 The reporting person agreed to the repricing of an option granted to him on March 25, 2020.