Park James J 4

4 · Ontrak, Inc. · Filed May 24, 2023

Form 4

Period: 2023-05-19

Chief Financial Officer

Transactions

Award
Option (right to buy)
2023-05-19+35,000→ 35,000 total
Exercise: $0.41Exp: 2029-12-02→ Common Stock (35,000 underlying)
Disposition to Issuer
Option (right to buy)
2023-05-19−35,000→ 0 total
Exercise: $1.74Exp: 2029-12-02→ Common Stock (35,000 underlying)
Award
Option (right to buy)
2023-05-19+27,750→ 27,750 total
Exercise: $0.41Exp: 2029-04-12→ Common Stock (27,750 underlying)
Disposition to Issuer
Option (right to buy)
2023-05-19−27,750→ 0 total
Exercise: $1.73Exp: 2029-04-12→ Common Stock (27,750 underlying)
Award
Option (right to buy)
2023-05-19+65,000→ 65,000 total
Exercise: $0.41Exp: 2030-02-12→ Common Stock (65,000 underlying)
Disposition to Issuer
Option (right to buy)
2023-05-19−65,000→ 0 total
Exercise: $1.74Exp: 2030-02-12→ Common Stock (65,000 underlying)

Footnotes (4)

[F1]8,750 of these shares vested on September 16, 2020 and the remaining shares vest equally over the following 36 months, such that all shares shall be vested on September 16, 2023. There was no change to the vesting schedule in connection with the repricing transaction on May 19, 2023.
[F2]The reporting person agreed to the repricing of options orignally granted to him on December 2, 2019, February 12, 2020 and April 12, 2022.
[F3]16,250 of these shares vested on September 16, 2020 and the remaining shares vest equally over the following 36 months, such that all options shall be vested on September 16, 2023. There was no change to the vesting schedule in connection with the repricing transaction on May 19, 2023.
[F4]6,938 of these shares vested on April 12, 2023 and the remaining shares vest equally each quarter thereafter over the following three years, such that all shares shall be vested on April 12, 2026. There was no change to the vesting schedule in connection with the repricing transaction.

Documents

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