James J. Park - Aug 10, 2021 Form 3 Insider Report for Ontrak, Inc. (OTRK)

Role
Chief Accounting Officer
Signature
/s/ James Park
Stock symbol
OTRK
Transactions as of
Aug 10, 2021
Transactions value $
$0
Form type
3
Date filed
8/20/2021, 04:49 PM
Next filing
Apr 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding OTRK Common Stock 3.2K Aug 10, 2021 Direct F1
holding OTRK Common Stock 273 Aug 10, 2021 by 401(k) Plan F1, F2

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
holding OTRK Option (right to buy) Aug 10, 2021 Ontrak, Inc. Common Stock 35K $15.55 Direct F1, F3, F4
holding OTRK Option (right to buy) Aug 10, 2021 Ontrak, Inc. Common Stock 65K $16.01 Direct F1, F3, F5
holding OTRK Restricted Stock Unit Aug 10, 2021 Ontrak, Inc. Common Stock 2K Direct F1, F6, F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 10, 2021, Mr. Park was appointed as the Principal Accounting Officer of the Company.
F2 As of August 16, 2021, Mr. Park has acquired 273.2 shares of the Company's common stock under the Company's 401(k) plan.
F3 On September 16, 2019, Mr. Park joined the Company as Chief Accounting Officer. These options were granted to Mr. Park for his services as Chief Accounting Officer of the Company.
F4 Stock options were granted on December 2, 2019, with 25% vested on September 16, 2020 and the remaining vesting equally over the next 36 months.
F5 Stock options were granted on February 12, 2020, with 25% vested on September 16, 2020 and the remaining vesting equally over the next 36 months.
F6 Each restricted stock unit ("RSU") represents the right to receive one share of common stock upon vesting.
F7 On June 14, 2021, Mr. Park was granted 2,000 RSU's, subject to Mr. Park's continued employment with the Company. The RSU's vest over five years as follows: 40% shall vest on the second anniversary of the grant date and 20% shall vest on the third, fourth and fifth anniversaries of the grant date subject to Mr. Park's continued employment.
F8 No expiration date for this type of award