Form 4 for ONT Onterris, Inc.
Accepted 2021-12-20 00:00:00 ET · period of report 2021-11-04 · accession 0001209191-21-070620 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-12-20 | 2021-12-16 | ONT | Manthripragada Vijay | Pres, CEO, Dir | A - Grant | $0.00 | +316.2K | 329.1K | +2,446% | $0 |
| D | 2021-12-20 | 2021-11-04 | ONT | Manthripragada Vijay | Pres, CEO, Dir | S - Sale+OE | $72.61 | -30.0K | 12.9K | -70% | -$2.18M |
| D | 2021-12-20 | 2021-11-04 | ONT | Manthripragada Vijay | Pres, CEO, Dir | M - OptEx | $6.03 | +30.0K | 42.9K | +232% | +$180.9K |
| D | 2021-12-20 | 2021-12-16 | ONT | Manthripragada Vijay | Pres, CEO, Dir | A - Grant | $0.00 | +900.0K | 900.0K | New | $0 |
| D | 2021-12-20 | 2021-11-04 | ONT | Manthripragada Vijay | Pres, CEO, Dir | M - OptEx | $0.00 | -30.0K | 209.1K | -13% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-12-16 | A | A | 316,209 | $0.00 | 329,137 | D | — | — | (F2) The Reporting Person was granted restricted stock units ("RSUs") which represent a contingent right to receive one share of Common Stock for each RSU. 50% of the RSUs will vest on December 16, 2025, and the remaining 50% of the RSUs will vest on December 16, 2026, provided that the Reporting Person remains in continuous service on each vesting date. |
| 2 | Common | Common Stock | 2021-11-04 | S | D | 30,000 | $72.61 | 12,928 | D | — | — | (F1) The price reported in Column 4 is a weighted average price. These shares of common stock of the Issuer were sold in multiple transactions by the Reporting Person at prices ranging from $72.50 to $72.90, inclusive. The Reporting Person undertakes to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer full information regarding the number of shares of common stock sold at each separate price within the range. |
| 3 | Common | Common Stock | 2021-11-04 | M | A | 30,000 | $6.03 | 42,928 | D | — | — | |
| 4 | Derivative | Stock Appreciation Right | 2021-12-16 | A | A | 900,000 | $0.00 | 900,000 | D | $66.79 · — to 2031-12-16 | 900,000 Common Stock | (F4) The stock appreciation rights are performance based and will vest on December 16, 2026, subject to the achievement of 20-day trading average stock prices of $133.58, $166.98 and $200.37 prior to the vesting date and subject to the Reporting Person's continued service on the vesting date. 1/3 of the stock appreciation rights will be earned upon achievement of each of the foregoing performance hurdles. |
| 5 | Derivative | Stock Option (Right to Buy) | 2021-11-04 | M | D | 30,000 | $0.00 | 209,125 | D | $6.03 · — to 2026-06-23 | 30,000 Common Stock | (F3) 50% of the shares subject to the option vested on September 11, 2017 and the remaining 50% vested on September 11, 2019. |