Berman Richard A. - 10 Sep 2024 Form 4 Insider Report for Ontrak, Inc. (OTRK)

Role
Director
Signature
/s/Richard A. Berman
Issuer symbol
OTRK
Transactions as of
10 Sep 2024
Net transactions value
$0
Form type
4
Filing time
12 Sep 2024, 21:03:41 UTC
Previous filing
04 Jan 2024
Next filing
06 Jan 2025
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 +2,777,778 $0.000000 2,777,778 10 Sep 2024 Ontrak, Inc. Common Stock 2,777,778 $0.2062 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This option was approved by the issuer's board of directors on June 30, 2024, subject to stockholder approval of the stock incentive plan under which the option was granted. Such stockholder approval was obtained on September 10, 2024.
F2 1/3 of the shares subject to this option will vest on the first, second and third anniversaries of the grant date, subject to the reporting person's continuous service to the issuer through the applicable vesting date.