Susan Heystee - Jun 11, 2021 Form 4 Insider Report for Ouster, Inc. (OUST)

Role
Interim Chief Revenue Officer, Director
Signature
/s/ Myra Pasek, Attorney-in-Fact
Stock symbol
OUST
Transactions as of
Jun 11, 2021
Transactions value $
$0
Form type
4
Date filed
7/22/2021, 05:39 PM
Previous filing
Jun 1, 2021
Next filing
Sep 13, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OUST Common Stock Options Exercise +1.89K +1.82% 106K Jun 11, 2021 Direct F1
transaction OUST Common Stock Options Exercise +3.86K +3.66% 109K Jun 11, 2021 Direct F1
transaction OUST Common Stock Award +303K +276.58% 412K Jul 13, 2021 Direct F1, F2

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 Restricted Stock Units Options Exercise $0 -1.89K -8.33% $0.00 20.8K Jun 11, 2021 Common Stock 1.89K Direct F1, F3
transaction OUST Restricted Stock Units Options Exercise $0 -3.86K -25% $0.00 11.6K Jun 11, 2021 Common Stock 3.86K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock.
F2 Reflects an award of 302,717 RSUs, 252,264 of which vested upon the filing of the Company's Registration Statement on Form S-8 on July 13, 2021 and 50,453 of which will vest on July 25, 2021. The RSUs have no expiration date.
F3 The original grant of 22,696 RSUs granted on March 11, 2021 vested or will vest as to 1/12 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.
F4 The original grant of 15,446 RSUs granted on March 11, 2021 vested or will vest as to 25% 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.