SEC Form 4 · accession 0001209191-17-041981
OTONOMY, INC. · OTIC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric J Loumeau
Officer — GC & Chief Compliance Officer
Period of report
Jun 23, 2017
Accepted (ET)
Jun 27, 2017 · 5:09 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 | Dec 1, 2015 | A | 648 | $20.37 | A | 648 | D | |
| Common StockF1 | Jun 1, 2016 | A | 1,021 | $13.13 | A | 1,669 | D | |
| Common StockF1 | Dec 1, 2016 | A | 647 | $13.05 | A | 2,316 | D | |
| Common StockF1 | Jun 1, 2017 | A | 1,206 | $11.43 | A | 3,522 | D | |
| Common Stock | Jun 23, 2017 | S | 2,316 | $18.50 | D | 1,206 | D | |
| Common Stock | Jun 26, 2017 | S | 1,206 | $18.75 | D | 0 | 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 | $31.59 | holding | — | — | — | — | May 15, 2025 | Common Stock | 100,000 | 100,000 | D |
| Employee Stock Option (right to buy)F4 | $14.44 | holding | — | — | — | — | Mar 1, 2026 | Common Stock | 70,000 | 70,000 | D |
| Employee Stock Option (right to buy)F5 | $14.00 | holding | — | — | — | — | Mar 6, 2027 | Common Stock | 50,000 | 50,000 | D |
Explanation of responses
- F1Acquired pursuant to the Issuer's 2014 Employee Stock Purchase Plan.
- 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 May 15, 2016, and one forty-eighth of the shares vest monthly thereafter.
- F4One-fourth of the shares subject to the option vested on March 1, 2017 and one forty-eighth of the shares vest monthly thereafter.
- F5One-fourth of the shares subject to the option vest on March 6, 2018 and one forty-eighth of the shares vest monthly thereafter.