Berman Richard A - Jan 2, 2025 Form 4 Insider Report for Ontrak, Inc. (OTRK)

Role
Director
Signature
/s/Berman Richard A
Stock symbol
OTRK
Transactions as of
Jan 2, 2025
Transactions value $
$0
Form type
4
Date filed
1/6/2025, 07:30 PM
Previous filing
Sep 12, 2024

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 +65.6K $0.00 65.6K Jan 2, 2025 Ontrak, Inc. Common Stock 65.6K $1.85 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. Berman for his services as a member of the Company's Board of Directors and Chairman of the Audit Committee.
F2 25% of these options shall vest at the at the end of each quarter beginning January 1, 2025, such that all shares pursuant to the option shall be vested on December 31, 2025. Quarterly vesting of the options will be subject to Mr. Berman attending board meetings, unless such absence is excused by the Chairman of the Board.