Nathan Dickerman - May 7, 2021 Form 4 Insider Report for Ouster, Inc. (OUST)

Role
President of Field Operations
Signature
/s/ Myra Pasek, Attorney-in-Fact
Stock symbol
OUST
Transactions as of
May 7, 2021
Transactions value $
$0
Form type
4
Date filed
7/14/2021, 08:48 PM
Next filing
Apr 5, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction OUST Stock Option (Right to Buy) Award $0 +646K $0.00 646K May 7, 2021 Common Stock 646K $10.26 Direct F1
transaction OUST Restricted Stock Units Award $0 +646K $0.00 646K Jul 13, 2021 Common Stock 646K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option will vest and become exercisable with respect to 25% of the shares subject thereto on the first anniversary of April 12, 2021 and the remainder will vest as to 1/48 of the total number of shares underlying the option each month thereafter, subject to the reporting person's continued employment with the Issuer through each applicable vesting date.
F2 Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock.
F3 The grant of 645,797 RSUs vest as to 25% of the the total number of RSUs on June 11, 2022 and as to 1/16 of the total number of RSUs each quarter thereafter, subject to the reporting person's continued service through the applicable vesting date. The RSUs have no expiration date.