Hill Arik 4
4 · Ontrak, Inc. · Filed May 24, 2023
Insider Transaction Report
Form 4
Ontrak, Inc.OTRK
Hill Arik
Chief Information Officer
Transactions
- Disposition to Issuer
Option (right to buy)
2023-05-19−100,000→ 0 totalExercise: $1.74Exp: 2031-08-30→ Common Stock (100,000 underlying) - Award
Option (right to buy)
2023-05-19+27,750→ 27,750 totalExercise: $0.41Exp: 2029-04-12→ Common Stock (27,750 underlying) - Award
Option (right to buy)
2023-05-19+100,000→ 100,000 totalExercise: $0.41Exp: 2031-08-30→ Common Stock (100,000 underlying) - Disposition to Issuer
Option (right to buy)
2023-05-19−27,750→ 0 totalExercise: $1.73Exp: 2029-04-12→ Common Stock (27,750 underlying)
Footnotes (3)
- [F1]25,000 of these shares vested on August 30, 2022 and the remaining shares vest equally over the following 36 months, such that all shares shall be vested on August 30, 2025. 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 originally granted to him on August 30, 2021 and April 12, 2022.
- [F3]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 on May 19, 2023.