SEC Form 4 · accession 0001209191-16-105806
OTONOMY, INC. · OTIC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Carl LeBel
Officer — Chief Scientific Officer
Period of report
Mar 1, 2016
Accepted (ET)
Mar 3, 2016 · 8:21 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001493566
Table I — non-derivative securities
No Table I lines on this filing.
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)F2,F1 | $14.44 | Mar 1, 2016 | A | 35,000 | A | — | Mar 1, 2026 | Common Stock | 35,000 | 35,000 | D |
Explanation of responses
- F1One-fourth (1/4) of the shares subject to the option vest on March 1, 2017 and one forty-eighth (1/48) of the shares vest monthly thereafter.
- F2In addition to the option to purchase 35,000 shares of common stock as set forth on Table II, the Reporting Person currently holds options to purchase up to an aggregate of 302,121 shares of common stock, which options vest according to their terms.