SEC Form 4 · accession 0001209191-16-151770
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
Nov 18, 2016
Accepted (ET)
Nov 22, 2016 · 5:57 pm EST
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 Stock | Nov 18, 2016 | M | 3,543 | $6.33 | A | 13,001 | D | |
| Common Stock | Nov 18, 2016 | M | 5,626 | $3.17 | A | 18,627 | D | |
| Common StockF2 | Nov 18, 2016 | S | 9,169 | $18.0721 | D | 9,458 | D | |
| Common Stock | Nov 21, 2016 | M | 1,456 | $3.17 | A | 10,914 | D | |
| Common StockF2 | Nov 21, 2016 | S | 1,456 | $18.065 | D | 9,458 | 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)F4,F3 | $6.33 | Nov 18, 2016 | M | 3,543 | D | — | Jun 30, 2024 | Common Stock | 3,543 | 31,891 | D |
| Employee Stock Option (right to buy)F4,F5 | $3.17 | Nov 18, 2016 | M | 5,626 | D | — | Nov 19, 2020 | Common Stock | 5,626 | 14,259 | D |
| Employee Stock Option (right to buy)F4,F5 | $3.17 | Nov 21, 2016 | M | 1,456 | D | — | Nov 19, 2020 | Common Stock | 1,456 | 12,803 | D |
Explanation of responses
- F1The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
- F2The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $17.95 to $18.20 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
- F3One-fourth of the shares subject to the option vested on April 23, 2015 and one forty-eighth of the shares vest monthly thereafter.
- F4In addition to the remaining options to purchase 44,694 shares of common stock as set forth in Table II, the Reporting Person also holds options to purchase up to an aggregate of 239,392 shares of common stock, which options vest according to their terms.
- F5One-fourth of the shares subject to the option vested on November 19, 2011 and one forty-eighth of the shares vest monthly thereafter.