SEC Form 4 · accession 0001437749-18-004700

CATASYS, INC. · CATS

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Dec 19, 2017

Accepted (ET)

Mar 15, 2018 · 8:16 am EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001136174

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Stock, par value $0.0001	Mar 12, 2018	P	1,000	$4.75	A	1,000	D
Common Stock, par value $0.0001	Mar 12, 2018	P	1,500	$4.76	A	2,500	D
Common Stock, par value $0.0001	Mar 12, 2018	P	1,800	$4.77	A	4,300	D
Common Stock, par value $0.0001	Mar 13, 2018	P	58	$4.74	A	4,358	D
Common Stock, par value $0.0001	Mar 13, 2018	P	873	$4.75	A	5,231	D
Common Stock, par value $0.0001	Mar 13, 2018	P	609	$4.76	A	5,840	D
Common Stock, par value $0.0001	Mar 13, 2018	P	1,210	$4.77	A	7,050	D
Common Stock, par value $0.0001	Mar 13, 2018	P	2,500	$4.80	A	9,550	D
Common Stock, par value $0.0001	Mar 13, 2018	P	6,000	$4.83	A	15,550	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option to purchase Common Stock^F1,F2	$7.50	Dec 19, 2017	A	61,040	A	—	Dec 19, 2022	Common Stock	61,040	61,040	D

F1These securities were granted to Mr. Sherman for his services as a member of the Company's Board of Directors and Chairman of the Nominations and Governance Committee.
F2These options have a three-year vesting period out of which 18,771 shares vested on December 19, 2017, the grant date, and 42,269 shares shall vest at the end of each calendar quarter for the 2018 and 2019 calendar years, such that all shares shall vest on December 31, 2019. Quarterly vesting of the option will be subject to Mr. Sherman attending board meetings, unless such absence is excused by the Chairman of the board. All unvested options will immediately vest in the event of termination without cause.