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

Role
Director
Signature
/s/ Cedric Beau de Paris, Attorney-in-Fact
Stock symbol
OUST
Transactions as of
Dec 11, 2021
Transactions value $
$0
Form type
4
Date filed
12/14/2021, 05:22 PM
Previous filing
Dec 14, 2021
Next filing
Mar 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OUST Common Stock Options Exercise +1.89K +0.45% 420K Dec 11, 2021 Direct F1, F2
transaction OUST Common Stock Options Exercise +3.86K +0.92% 424K Dec 11, 2021 Direct F1

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 -10% $0.00 17K Dec 11, 2021 Common Stock 1.89K Direct F1, F3
transaction OUST Restricted Stock Units Options Exercise $0 -3.86K -49.99% $0.00 3.86K Dec 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 The Reporting Person's prior Form 4, dated September 13, 2021, incorrectly stated that she held 3,862 shares of common stock following all reported transactions; such number should have been 417,920 shares of common stock.
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.

Remarks:

Exhibit 24 - Power of Attorney