Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | OUST | Common Stock | Sale | -$37.1K | -30.6K | -3.32% | $1.21 | 890K | Dec 13, 2022 | Direct | F1, F2 |
transaction | OUST | Common Stock | Sale | -$55.4K | -45.1K | -5.06% | $1.23 | 845K | Dec 14, 2022 | Direct | F3, F4 |
Id | Content |
---|---|
F1 | Reflects shares sold to cover withholding taxes incurred upon the vesting and settlement of restricted stock units ("RSUs") in a trade that was initiated by the Issuer on the Reporting Person's behalf pursuant to terms of the applicable RSU agreement. |
F2 | Reflects the weighted average of all shares sold to cover taxes upon vesting of RSUs on December 11, 2022 for certain employees of the Issuer. |
F3 | The sales were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. |
F4 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.21 to $1.255, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. |