Weber David Allen 4
4 · OTONOMY, INC. · Filed Dec 26, 2018
Insider Transaction Report
Form 4
OTONOMY, INC.OTIC
Weber David Allen
DirectorPresident & CEO
Transactions
- Award
Stock Option (right to buy)
2018-12-21+250,000→ 250,000 totalExercise: $5.80From: 2018-12-21Exp: 2028-01-31→ Common Stock (250,000 underlying)
Footnotes (2)
- [F1]On February 1, 2018, the Reporting Person was granted an option to purchase 250,000 shares of common stock, which option vests based on the Issuer's satisfaction of certain performance criteria for the year ending December 31, 2018. On December 21, 2018, the Board of Directors certified the applicable performance criteria were achieved.
- [F2]In addition to the option to purchase 250,000 shares of common stock as set forth on Table II, the Reporting Person currently holds options to purchase up to an aggregate of 1,559,062 shares of common stock, which options vest according to their terms.