Messina James M. - 23 Mar 2023 Form 4 Insider Report for Ontrak, Inc. (OTRK)

Role
Director
Signature
/s/ James M. Messina
Issuer symbol
OTRK
Transactions as of
23 Mar 2023
Net transactions value
$0
Form type
4
Filing time
27 Mar 2023, 19:20:32 UTC
Previous filing
05 Jan 2023
Next filing
04 Jan 2024
SEC
View on sec.gov

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 $0 +5,453 $0.000000 5,453 23 Mar 2023 Ontrak, Inc. Common Stock 5,453 $0.4700 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities were granted to Mr. Messina for his services as a member of the Company's Board of Directors.
F2 1/3rd of these options shall vest at the at the end of each quarter beginning April 1, 2023, such that all shares pursuant to the option shall be vested on December 31, 2023. Quarterly vesting of the options will be subject to Mr. Messina attending board meetings, unless such absence is excused by the Chairman of the Board.