Home/Filings/4/0001593968-22-001394
4//SEC Filing

Messina James M. 4

Accession 0001593968-22-001394

CIK 0001136174other

Filed

Aug 30, 8:00 PM ET

Accepted

Aug 31, 4:43 PM ET

Size

8.4 KB

Accession

0001593968-22-001394

Insider Transaction Report

Form 4
Period: 2022-08-29
Transactions
  • Award

    Option (right to buy)

    2022-08-29+16,36016,360 total
    Exercise: $0.65From: 2022-12-31Exp: 2027-08-29Ontrak, Inc. Common Stock (16,360 underlying)
  • Award

    Restricted Stock Unit

    2022-08-29+460,759460,759 total
    Ontrak, Inc. Common Stock (460,759 underlying)
Footnotes (4)
  • [F1]These securities were granted to Mr. Messina upon his appointment to the Board of Directors of Ontrak, Inc. (the "Company").
  • [F2]100% of these options shall vest on December 31, 2022. Vesting of the options will be subject to Mr. Messina's attending board meetings, unless such absence is excused by the Chairman of the Board.
  • [F3]Each restricted stock unit ("RSU") represents the right to receive one share of common stock upon settlement of each vested RSU, or, in the complete and sole discretion of the Company, a cash payment equal to the fair market value of one share of common stock for each vested RSU.
  • [F4]The RSU's vest over three years as follows: 50% vest on the first anniversary of the grant date and 25% vest on the second and third anniversaries of the grant date, in each case, subject to Mr. Messina's continued service on the Board of Directors of the Company.

Issuer

Ontrak, Inc.

CIK 0001136174

Entity typeother

Related Parties

1
  • filerCIK 0001944526

Filing Metadata

Form type
4
Filed
Aug 30, 8:00 PM ET
Accepted
Aug 31, 4:43 PM ET
Size
8.4 KB