4//SEC Filing
Weber David Allen 4
Accession 0001209191-18-004968
CIK 0001493566other
Filed
Jan 22, 7:00 PM ET
Accepted
Jan 23, 5:36 PM ET
Size
19.2 KB
Accession
0001209191-18-004968
Insider Transaction Report
Form 4
OTONOMY, INC.OTIC
Weber David Allen
DirectorPresident & CEO
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2018-01-19−130,000→ 0 totalExercise: $34.12Exp: 2024-12-10→ Common Stock (130,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2018-01-19−230,000→ 0 totalExercise: $14.44Exp: 2026-02-28→ Common Stock (230,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2018-01-19−200,000→ 0 totalExercise: $14.00Exp: 2027-03-05→ Common Stock (200,000 underlying) - Award
Employee Stock Option (right to buy)
2018-01-19+133,333→ 133,333 totalExercise: $5.67Exp: 2026-01-18→ Common Stock (133,333 underlying) - Award
Employee Stock Option (right to buy)
2018-01-19+86,666→ 86,666 totalExercise: $5.67Exp: 2026-01-18→ Common Stock (86,666 underlying) - Award
Employee Stock Option (right to buy)
2018-01-19+153,333→ 153,333 totalExercise: $5.67Exp: 2026-01-18→ Common Stock (153,333 underlying)
Footnotes (10)
- [F1]One-fourth (1/4) of the shares subject to the option vest on December 11, 2015 and one forty-eighth (1/48) of the shares vest monthly thereafter.
- [F10]Of the 133,333 total shares subject to the option, 44,444 shares vest on January 19, 2019. Of the remaining 88,889 shares subject to the option, one-third (1/3) of these shares vest on January 19, 2019, and one thirty-sixth (1/36) of these shares vest monthly thereafter.
- [F2]On January 19, 2018, in connection with the Issuer's option exchange program, the Issuer cancelled an option for 130,000 shares of common stock granted to the Reporting Person on December 11, 2014. In exchange, the Reporting Person received an option grant for 86,666 shares of common stock with exercise price of $5.675 per share.
- [F3]In addition to the options acquired and disposed of as set forth in Table II, the Reporting Person currently holds options to purchase up to an aggregate of 785,730 shares of common stock, which options vest according to their terms.
- [F4]One-fourth (1/4) of the shares subject to the option vest on March 1, 2017 and one forty-eighth (1/48) of the shares vest monthly thereafter.
- [F5]On January 19, 2018, in connection with the Issuer's option exchange program, the Issuer cancelled an option for 230,000 shares of common stock granted to the Reporting Person on March 1, 2016. In exchange, the Reporting Person received an option grant for 153,333 shares of common stock with exercise price of $5.675 per share.
- [F6]One-fourth (1/4) of the shares subject to the option vest on March 6, 2018 and one forty-eighth (1/48) of the shares vest monthly thereafter.
- [F7]On January 19, 2018, in connection with the Issuer's option exchange program, the Issuer cancelled an option for 200,000 shares of common stock granted to the Reporting Person on March 6, 2017. In exchange, the Reporting Person received an option grant for 133,333 shares of common stock with exercise price of $5.675 per share.
- [F8]Of the 86,666 total shares subject to the option, 77,638 shares vest on January 19, 2019. Of the remaining 9,028 shares subject to the option, one-third (1/3) of these shares vest on January 19, 2019, and one thirty-sixth (1/36) of these shares vest monthly thereafter.
- [F9]Of the 153,333 total shares subject to the option, 89,444 shares vest on January 19, 2019. Of the remaining 63,889 shares subject to the option, one-third (1/3) of these shares vest on January 19, 2019, and one thirty-sixth (1/36) of these shares vest monthly thereafter.
Documents
Issuer
OTONOMY, INC.
CIK 0001493566
Entity typeother
Related Parties
1- filerCIK 0001616147
Filing Metadata
- Form type
- 4
- Filed
- Jan 22, 7:00 PM ET
- Accepted
- Jan 23, 5:36 PM ET
- Size
- 19.2 KB