---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-363595"
form_type: "8-K"
ticker: "ONT"
cik: "0001643615"
company_name: "Onterris, Inc."
filed_at: "2021-12-21T23:59:59+00:00"
generated_at: "2026-06-27T23:20:58.156438+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Montrose grants 2.22M SARs, 1.55M RSUs to NEOs; CEO RSUs tied to $90M EBITDA target

## Summary
- Grant of 2,220,000 SARs at exercise price $66.79; vest after 5 years based on stock price hurdles of $133.58, $166.98, $200.37.
- Grant of 1,553,942 RSUs; time-vested over 4-5 years; CEO's 316,209 RSUs require $90M adjusted EBITDA for performance vesting.
- Future RSU Pool of 135,517 units reserved for executives; grant decision Dec 16, 2025, vesting Dec 16, 2026.
- Named NEOs: Vijay Manthripragada (CEO), Allan Dicks, Nasym Afsari, Joshua LeMaire, Jose Revuelta.

## SEC filing metadata
- accession: 0001193125-21-363595
- form_type: 8-K
- ticker: ONT
- cik: 0001643615
- company_name: Onterris, Inc.
- filed_at: 2021-12-21T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1643615/000119312521363595/0001193125-21-363595-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1643615/000119312521363595/d267442d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-363595
- JSON: https://secwatch.observer/filing/0001193125-21-363595.json
- Plain text: https://secwatch.observer/filing/0001193125-21-363595.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.