Anna Brunelle - Mar 15, 2022 Form 4 Insider Report for Ouster, Inc. (OUST)

Signature
/s/ Anna S. Brunelle
Stock symbol
OUST
Transactions as of
Mar 15, 2022
Transactions value $
-$37,342
Form type
4
Date filed
3/17/2022, 06:35 PM
Previous filing
Sep 28, 2021
Next filing
Jun 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OUST Common Stock Options Exercise $0 +34.1K +2.31% $0.00 1.51M Mar 15, 2022 Direct F1, F2
transaction OUST Common Stock Sale -$37.3K -11.8K -0.78% $3.16 1.5M Mar 16, 2022 Direct F3

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 -34.1K -100% $0.00* 0 Mar 15, 2022 Common Stock 34.1K Direct F1, F2
* 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 at $0.00. 34,120 RSUs vested into shares of common stock on March 15, 2022.
F2 The reporting person previously reported certain awards of RSUs in Table II of Form 4, but has elected to report them in Table I going forward. The total reported in Column 5 of Table I has been updated to include 102,360 RSUs that would have otherwise been reported in Column 9 of Table II from an original grant of 136,480 RSUs granted on July 13, 2021, The 102,360 RSUs will vest in 12 equal installments on each quarterly anniversary following March 15, 2022, subject to the reporting person's continued service with the Issuer through each applicable vesting date.
F3 Reflects shares sold to cover withholding taxes incurred upon the settlement of RSUs in a trade that was initiated by the issuer on the reporting person's behalf pursuant to terms of the applicable RSU agreement..

Remarks:

Exhibit List - Exhibit 24 - Power of Attorney