Terren S. Peizer - Sep 7, 2022 Form 4 Insider Report for Ontrak, Inc. (OTRK)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Acuitas Group Holdings, LLC by Terren S. Peizer
Stock symbol
OTRK
Transactions as of
Sep 7, 2022
Transactions value $
$0
Form type
4
Date filed
9/8/2022, 04:15 PM
Previous filing
Aug 31, 2022
Next filing
Jan 18, 2023

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 Warrant Award +710K 710K Sep 7, 2022 Common Stock 710K $1.69 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 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 This warrant was issued to Acuitas in connection with the purchase by Acuitas Capital LLC ("Acuitas Capital"), an entity wholly owned by Acuitas, from the issuer of a senior secured note in the principal amount of $6,000,000 pursuant to that certain Master Note Purchase Agreement among the issuer, Acuitas Capital and certain other parties dated as of April 15, 2022.