0001104659-21-133160.txt : 20211102 0001104659-21-133160.hdr.sgml : 20211102 20211102171521 ACCESSION NUMBER: 0001104659-21-133160 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20211102 DATE AS OF CHANGE: 20211102 GROUP MEMBERS: ACUITAS GROUP HOLDINGS, LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Ontrak, Inc. CENTRAL INDEX KEY: 0001136174 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MISC HEALTH & ALLIED SERVICES, NEC [8090] IRS NUMBER: 880464853 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-79814 FILM NUMBER: 211372500 BUSINESS ADDRESS: STREET 1: 2120 COLORADO AVE STREET 2: SUITE 230 CITY: SANTA MONICA STATE: CA ZIP: 90404 BUSINESS PHONE: 310 444 4300 MAIL ADDRESS: STREET 1: 2120 COLORADO AVE STREET 2: SUITE 230 CITY: SANTA MONICA STATE: CA ZIP: 90404 FORMER COMPANY: FORMER CONFORMED NAME: CATASYS, INC. DATE OF NAME CHANGE: 20110316 FORMER COMPANY: FORMER CONFORMED NAME: HYTHIAM, INC. DATE OF NAME CHANGE: 20101029 FORMER COMPANY: FORMER CONFORMED NAME: HYTHIAM INC DATE OF NAME CHANGE: 20031003 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PEIZER TERREN S CENTRAL INDEX KEY: 0000904534 FILING VALUES: FORM TYPE: SC 13D/A MAIL ADDRESS: STREET 1: 11111 SANTA MONICABLVD STE.500 CITY: LOS ANGELES STATE: CA ZIP: 90025 SC 13D/A 1 tm2131657d1_sc13da.htm SC 13D/A

 

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549

 

SCHEDULE 13D

 

Under the Securities Exchange Act of 1934

 

(Amendment No. 8)*

 

Ontrak, Inc.

 

(Name of Issuer)

 

Common Stock, $0.0001 par value per share

 

(Title of Class of Securities)

 

44919F 104

 

(CUSIP Number of Class of Securities)

 

Terren S. Peizer

Acuitas Group Holdings, LLC

2120 Colorado Avenue, #230

Santa Monica, California 90404

310-444-4321

 

(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)

 

September 28, 2021

 

(Date of Event which Requires Filing of this Statement)

 

If the filing person has previously filed a Statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D and is filing this Schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box. ¨

 

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 240.13d-7(b) for other parties to whom copies are to be sent.

 

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

 

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

 

 

 

SCHEDULE 13D

 

CUSIP No.  44919F 104   Page 2 of 5 Pages

 

1

NAME OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

 

Acuitas Group Holdings, LLC

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)

(a) ¨

(b) ¨

3 SEC USE ONLY
4

SOURCE OF FUNDS (See Instructions)

OO

5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ¨
6

CITIZENSHIP OR PLACE OF ORGANIZATION

California

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

7

SOLE VOTING POWER

0

8

SHARED VOTING POWER

9,114,155

9

SOLE DISPOSITIVE POWER

0

10

SHARED DISPOSITIVE POWER

9,114,155

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

9,114,155

12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) ¨
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

47.6%1

14

TYPE OF REPORTING PERSON (See Instructions)

OO

           

 

1Based on 19,147,648 Shares issued and outstanding as of September 2, 2021, as disclosed in the Registration Statement on Form S-3 filed by the Company with the SEC on September 3, 2021 (the “Form S-3”).

 

 

 

 

SCHEDULE 13D

 

CUSIP No.  44919F 104   Page 3 of 5 Pages

 

1

NAME OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

 

Terren S. Peizer

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)

(a) ¨

(b) ¨

3 SEC USE ONLY
4

SOURCE OF FUNDS (See Instructions)

OO

5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ¨
6

CITIZENSHIP OR PLACE OF ORGANIZATION

United States of America

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

7

SOLE VOTING POWER

0

8

SHARED VOTING POWER

9,114,155

9

SOLE DISPOSITIVE POWER

0

10

SHARED DISPOSITIVE POWER

9,114,155

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

9,114,155

12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) ¨
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

47.6%2

14

TYPE OF REPORTING PERSON (See Instructions)

HC; IN

           

 

2        Based on 19,147,648 Shares issued and outstanding as of September 2, 2021, as disclosed in the Form S-3.

 

 

 

 

AMENDMENT NO. 8 TO SCHEDULE 13D

 

This Amendment No. 8 to Schedule 13D (this “Amendment”) is being filed by Acuitas Group Holdings, LLC, a California limited liability company (“Acuitas”), and Terren S. Peizer (“Mr. Peizer”) (collectively, the “Reporting Persons”) to amend the Schedule 13D originally filed with the Securities and Exchange Commission (the “SEC”) on October 20, 2010, as amended by Amendment No. 1 to Schedule 13D filed on December 6, 2011, Amendment No. 2 to Schedule 13D filed on April 27, 2012, Amendment No. 3 to Schedule 13D filed on September 20, 2012, Amendment No. 4 to Schedule 13D filed on February 14, 2013, Amendment No. 5 to Schedule 13D filed on May 11, 2021, Amendment No. 6 to Schedule 13D filed on July 27, 2021, and Amendment No. 7 to Schedule 13D filed on August 16, 2021 (as amended and supplemented, the “Original Statement” and, as amended and supplemented by this Amendment, the “Statement”), relating to common stock, par value $0.0001 per share (the “Shares”), of OnTrak, Inc., a Delaware corporation (the “Company”). Capitalized terms used herein but not defined have the respective meanings ascribed to them in the Original Statement.

 

ITEM 4.PURPOSE OF TRANSACTION

 

Item 4 is hereby amended and supplemented by adding the following information:

 

“As previously disclosed, on August 13, 2021, Acuitas entered into a 10b5-1 plan (the “10b5-1 Plan”) to sell an aggregate of 463,567 Shares, upon the terms and subject to the conditions set forth in the 10b5-1 Plan. The purpose of this Amendment is to report that all 463,567 Shares have been sold and that Acuitas has now completed the sales of Shares contemplated by the 10b5-1 Plan. The Shares sold under the 10b5-1 Plan were acquired by Acuitas through the exercise of certain warrants that were set to expire between December 15, 2021 and April 13, 2022. The warrants were exercised on a cashless basis, for a total exercise price of $2,703,648.00.”

 

ITEM 5.INTEREST IN SECURITIES OF THE ISSUER

 

Item 5(a) and (b) is amended and restated in its entirety as follows:

 

“(a) and (b)

 

All percentages of Shares outstanding contained herein are based on 19,147,648 Shares issued and outstanding as of September 2, 2021, as disclosed in the Registration Statement on Form S-3 filed by the Company with the SEC on September 3, 2021.

 

As of the date hereof, each of the Reporting Persons may be deemed to have beneficial ownership of 9,114,155 Shares, representing 47.6% of the outstanding Shares. Each of the Reporting Persons may be deemed to share the power to vote or direct the vote and dispose or direct the disposition of all of the 9,114,155 Shares.”

 

Item 5(c) is hereby supplemented with the following:

 

“(c)       Set forth on Schedule I hereto is a description of transactions with respect to Shares that have occurred since the filing date of the Original Statement. All such transactions were effected in the open market pursuant to the 10b5-1 Plan, and per share prices to not include any commissions paid in connection with such transactions. Except as set forth on Schedule I, none of the Reporting Persons has effected any transactions in Shares since the filing date of the Original Statement.”

 

 

 

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Dated:  November 2, 2021

  

  ACUITAS GROUP HOLDINGS, LLC
   
  By: /s/ Terren S. Peizer
    Terren S. Peizer, Chairman
   
  /s/ Terren S. Peizer
  Terren S. Peizer

 

 

 

 

 

SCHEDULE I

 

Reporting Person  Trade Date  Shares
Purchased
(Sold)
   Price 
Acuitas Group Holdings, LLC  8/16/2021   (13,140)  $23.1634(1)
Acuitas Group Holdings, LLC  8/16/2021   (1,860)  $23.5571(2)
Acuitas Group Holdings, LLC  8/17/2021   (8,804)  $20.9623(3)
Acuitas Group Holdings, LLC  8/17/2021   (6,196)  $21.9773(4)
Acuitas Group Holdings, LLC  8/18/2021   (11,311)  $21.2026(5)
Acuitas Group Holdings, LLC  8/18/2021   (3,689)  $21.7259(6)
Acuitas Group Holdings, LLC  8/19/2021   (5,664)  $11.8479(7)
Acuitas Group Holdings, LLC  8/19/2021   (4,991)  $13.0366(8)
Acuitas Group Holdings, LLC  8/19/2021   (3,215)  $14.0612(9)
Acuitas Group Holdings, LLC  8/19/2021   (1,130)  $14.7331(10)
Acuitas Group Holdings, LLC  8/20/2021   (1,938)  $10.3932(11)
Acuitas Group Holdings, LLC  8/20/2021   (13,062)  $11.1638(12)
Acuitas Group Holdings, LLC  8/23/2021   (14,770)  $11.0898(13)
Acuitas Group Holdings, LLC  8/23/2021   (230)  $11.6523(14)
Acuitas Group Holdings, LLC  8/24/2021   (15,000)  $10.9116(15)
Acuitas Group Holdings, LLC  8/25/2021   (13,843)  $11.4544(16)
Acuitas Group Holdings, LLC  8/25/2021   (1,157)  $11.8323(17)
Acuitas Group Holdings, LLC  8/26/2021   (13,529)  $11.519(18)
Acuitas Group Holdings, LLC  8/26/2021   (1,471)  $12.2952(19)
Acuitas Group Holdings, LLC  8/27/2021   (15,000)  $11.1908(20)
Acuitas Group Holdings, LLC  8/30/2021   (12,632)  $12.0621(21)
Acuitas Group Holdings, LLC  8/30/2021   (2,368)  $12.8831(22)
Acuitas Group Holdings, LLC  8/31/2021   (14,433)  $11.8384(23)
Acuitas Group Holdings, LLC  8/31/2021   (567)  $12.3987(24)
Acuitas Group Holdings, LLC  9/1/2021   (15,000)  $11.9677(25)
Acuitas Group Holdings, LLC  9/2/2021   (11,824)  $12.3357(26)
Acuitas Group Holdings, LLC  9/2/2021   (3,176)  $12.9507(27)
Acuitas Group Holdings, LLC  9/3/2021   (15,000)  $12.2489(28)
Acuitas Group Holdings, LLC  9/7/2021   (15,000)  $11.716(29)
Acuitas Group Holdings, LLC  9/8/2021   (15,000)  $11.1161(30)
Acuitas Group Holdings, LLC  9/9/2021   (15,000)  $11.6926(31)
Acuitas Group Holdings, LLC  9/10/2021   (15,000)  $11.1438(32)
Acuitas Group Holdings, LLC  9/13/2021   (15,000)  $10.9976(33)
Acuitas Group Holdings, LLC  9/14/2021   (15,000)  $10.942(34)
Acuitas Group Holdings, LLC  9/15/2021   (15,000)  $10.5651(35)
Acuitas Group Holdings, LLC  9/16/2021   (15,000)  $10.5743(36)
Acuitas Group Holdings, LLC  9/17/2021   (15,000)  $10.8033(37)
Acuitas Group Holdings, LLC  9/20/2021   (15,000)  $10.6975(38)
Acuitas Group Holdings, LLC  9/21/2021   (15,000)  $10.3951(39)
Acuitas Group Holdings, LLC  9/22/2021   (15,000)  $10.2179(40)
Acuitas Group Holdings, LLC  9/23/2021   (15,000)  $10.1094(41)
Acuitas Group Holdings, LLC  9/24/2021   (15,000)  $9.5943(42)
Acuitas Group Holdings, LLC  9/27/2021   (6,813)  $9.8665(43)
Acuitas Group Holdings, LLC  9/27/2021   (8,187)  $10.4688(44)
Acuitas Group Holdings, LLC  9/28/2021   (13,567)  $10.2283(45)

 

 

1The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $22.485 to $23.475, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

 

2The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $23.48 to $23.64, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

 

 

   

3The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $20.54 to $21.53, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

 

4The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $21.535 to $22.44, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

 

5The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $20.63 to $21.62, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

 

6The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $21.625 to $21.94, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

 

7The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $11.54 to $12.535, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

 

8The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $12.54 to $13.505, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

 

9The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $13.58 to $14.535, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

 

10The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $14.54 to $15.33, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

 

11The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $9.60 to $10.595, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

 

 

 

12The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $10.60 to $11.56, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

 

13The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $10.65 to $11.49, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

 

14The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $11.65 to $11.69, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

 

15The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $10.59 to $11.54, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

 

16The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $10.76 to $11.755, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

 

17The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $11.76 to $12.01, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

 

18The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $11.17 to $12.165, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote

 

19The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $12.17 to $12.44, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

 

20The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $10.76 to $11.745, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

 

21The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $11.56 to $12.555, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

 

22The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $12.56 to $13.45, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

 

 

 

23The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $11.335 to $12.33, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

 

24The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $12.335 to $12.48, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

 

25The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $11.56 to $12.32, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

 

26The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $11.77 to $12.765, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

 

27The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $12.77 to $13.30, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

 

28The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $11.95 to $12.59, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

 

29The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $11.47 to $12.07, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

 

30The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $10.86 to $11.50, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

 

31The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $11.02 to $11.94, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

 

32The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $10.885 to $11.66, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

 

33The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $10.515 to $11.26, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

 

 

  

34The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $10.6142 to $11.2901, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

 

35The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $10.42 to $10.75, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

 

36The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $10.43 to $10.77, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

 

37The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $10.42 to $11.11, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

 

38The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $10.37 to $11.13, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

 

39The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $10.22 to $10.74, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

 

40The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $10.02 to $10.49, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

 

41The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $9.95 to $10.34, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

 

42The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $9.41 to $9.98, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

 

43The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $9.36 to $10.345, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

 

44The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $10.36 to $10.92, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

 

45The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $9.93 to $10.545, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.