Brandon H. LaVerne - May 11, 2023 Form 4 Insider Report for Ontrak, Inc. (OTRK)

Role
Chief Executive Officer
Signature
/s/ Brandon LaVerne
Stock symbol
OTRK
Transactions as of
May 11, 2023
Transactions value $
$0
Form type
4
Date filed
5/15/2023, 09:37 PM
Previous filing
Dec 1, 2022
Next filing
May 24, 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 Option (right to buy) Award $0 +350K $0.00 350K May 11, 2023 Ontrak, Inc. Common Stock 350K $0.48 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. LaVerne for his services as the Interim Chief Executive Officer and Chief Operating Officer of the Company.
F2 25% of these options vest one year from the date of grant and the remaining options vest in six equal installments every six months thereafter over the next three years.