Sherman Michael Edward 4
4 · Ontrak, Inc. · Filed Jan 4, 2024
Insider Transaction Report
Form 4
Ontrak, Inc.OTRK
Sherman Michael Edward
Director
Transactions
- Award
Option (right to buy)
2024-01-02+332,333→ 332,333 totalExercise: $0.39From: 2024-03-31Exp: 2031-01-02→ Ontrak, Inc. Common Stock (332,333 underlying)
Footnotes (2)
- [F1]These securities were granted to Mr. Sherman for his services as Chairman of the Company's Board of Directors and Chairman of the Compensation Committee.
- [F2]25% of these options shall vest at the at the end of each quarter beginning January 1, 2024, such that all shares pursuant to the option shall be vested on December 31, 2024. Quarterly vesting of the options will be subject to Mr. Sherman attending board meetings, unless such absence is excused by the Chairman of the Board.