FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Thompson Rahsaan

2. Date of Event Requiring Statement (MM/DD/YYYY)
9/20/2019 

3. Issuer Name and Ticker or Trading Symbol

OPIANT PHARMACEUTICALS, INC. [OPNT]

(Last)        (First)        (Middle)

233 WILSHIRE BLVD, SUITE 280

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                          _____ 10% Owner
_____ Officer (give title below)        ___X___ Other (specify below)
/ General Counsel

(Street)

SANTA MONICA, CA 90401      

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed(MM/DD/YYYY)

 

6. Individual or Joint/Group Filing(Check Applicable Line)

_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 13500 (1)D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Options 9/16/2020 9/15/2030 Common Stock 26500.0 (2)$14.51 D  

Explanation of Responses:
(1) 13,500 shares are represented by restricted stock units ("RSUs"). Each RSU represents the Reporting Person's right to receive one share of Common Stock of Issuer, subject to the vesting schedule. One-fourth of the RSUs vest on the anniversary dates of September 15, 2020, September 15, 2021, September 15, 2022 and September 15, 2023, subject to the Reporting Person continuing as a service provider through each such date.
(2) One-fourth of the shares subject to the option vest on September 16, 2020 and one forty-eighth of the shares subject to the option vest each month thereafter, subject to the Reporting Person continuing as a service provider through each such date.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Thompson Rahsaan
233 WILSHIRE BLVD
SUITE 280
SANTA MONICA, CA 90401



General Counsel

Signatures
/s/ Rahsaan Thompson9/20/2019
**Signature of Reporting PersonDate

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