SEC Form 4 · accession 0001209191-15-071486
OTONOMY, INC. · OTIC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul E Cayer
Officer — CFO/Ch. Business Offcr & Sec.
Period of report
Sep 17, 2015
Accepted (ET)
Sep 18, 2015 · 7:05 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001493566
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Sep 17, 2015 | M | 3,000 | $1.76 | A | 12,610 | D | |
| Common Stock | Sep 17, 2015 | S | 3,000 | $24.95 | D | 9,610 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F3 | $1.76 | Sep 17, 2015 | M | 3,000 | D | — | Dec 20, 2023 | Common Stock | 3,000 | 138,541 | D |
Explanation of responses
- F1The Form 4 filed by the Reporting Person on June 1, 2015 reported that there was a total of 2,500 shares directly held by the Reporting Person. This number did not include the Reporting Person's 7,110 shares acquired prior to the Issuer's initial public offering, also directly held by the Reporting Person. Column 5 of Table I now reflects these additional 7,110 shares.
- F2The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
- F3One fourth of the shares subject to the option vested on September 1, 2014 and one forty-eighth of the shares vest monthly thereafter.