X0306 4 2020-10-01 0 0001649989 Outlook Therapeutics, Inc. OTLK 0001230484 KENYON LAWRENCE A C/O OUTLOOK THERAPEUTICS, INC. 4260 US ROUTE 1 MONMOUTH JUNCTION NJ 08852 1 1 0 0 CEO, Pres, CFO, Treas & Secy Stock Option (Right to Buy) 0.71 2020-10-01 4 A 0 3668984 0.00 A 2030-10-01 Common Stock 3668984 3668984 D The options were granted under the Issuer's 2015 Equity Incentive Plan (the "2015 Plan") and shall vest in four equal installments beginning on October 1, 2021 such that the option shall be vested in full on October 1, 2024, subject to the Reporting Person providing continuous service to the Issuer on each such date, and subject to acceleration upon a Change in Control as defined in the 2015 Plan, subject to the Reporting Person providing continuous service to the Issuer through such event. /s/ Lawrence Kenyon 2020-10-05