James J. Park - Jun 14, 2023 Form 4 Insider Report for Ontrak, Inc. (OTRK)

Role
Chief Financial Officer
Signature
/s/ James J. Park
Stock symbol
OTRK
Transactions as of
Jun 14, 2023
Transactions value $
-$132
Form type
4
Date filed
6/16/2023, 04:42 PM
Previous filing
May 24, 2023
Next filing
Jul 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OTRK Common Stock Options Exercise +800 +25% 4K Jun 14, 2023 Direct F1
transaction OTRK Common Stock Tax liability -$132 -269 -6.73% $0.49 3.73K Jun 14, 2023 Direct 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
transaction OTRK Restricted Stock Unit Options Exercise $0 -800 -40% $0.00 1.2K Jun 14, 2023 Ontrak, Inc. Common Stock 800 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
F2 These shares were withheld by the issuer to satisfy statutory tax withholding requirements on vesting of restricted stock units that occurred on June 14, 2023. No shares were sold in connection with this transaction.
F3 The reporting person was granted 2,000 restricted stock units on June 14, 2021, which vest over 5 years as follows: 40% on the second anniversary of the grant date and 20% on the third, fourth and first anniversaries of the grant date subject to the reporting person's continued employment with the issuer.