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

Role
Director
Signature
/s/ Cedric Beau de Paris, Attorney-in-Fact
Issuer symbol
OUST
Transactions as of
11 Dec 2021
Net transactions value
$0
Form type
4
Filing time
14 Dec 2021, 17:22:13 UTC
Previous filing
14 Dec 2021
Next filing
15 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OUST Common Stock Options Exercise +1,892 +0.45% 419,812 11 Dec 2021 Direct F1, F2
transaction OUST Common Stock Options Exercise +3,861 +0.92% 423,673 11 Dec 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 -1,892 -10% $0.000000 17,022 11 Dec 2021 Common Stock 1,892 Direct F1, F3
transaction OUST Restricted Stock Units Options Exercise $0 -3,861 -50% $0.000000 3,862 11 Dec 2021 Common Stock 3,861 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