Ernest E. Maddock - 10 Feb 2023 Form 4 Insider Report for Ouster, Inc. (OUST)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
14 Feb 2023, 19:55:05 UTC
Prior SEC filing
25 Jan 2023
Next SEC filing
16 Mar 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Megan Chung, as Attorney-in-Fact

Key filing fact

Ernest E. Maddock filed Form 4 for Ouster, Inc. (OUST) on 14 Feb 2023.

Key facts

  • This page summarizes Ernest E. Maddock's Form 4 filing for Ouster, Inc. (OUST).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 14 Feb 2023, 19:55.

Change

  • Previous filing in this sequence was filed on 25 Jan 2023.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

OUST transaction

Common Stock

Award

Transaction value
Shares
+133,007
Change %
Price
Shares after
133,007
Date
10 Feb 2023
Ownership
Direct
Footnotes
F1
OUST transaction

Common Stock

Award

Transaction value
$0
Shares
+186,254
Change %
+140%
Price
$0.000000
Shares after
319,261
Date
10 Feb 2023
Ownership
Direct
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Pursuant to the Agreement and Plan of Merger, dated as of November 4, 2022 (the "Merger Agreement"), at the effective time of the first merger contemplated by the Merger Agreement (the "Effective Time"), each share of common stock of Velodyne Lidar, Inc. ("Velodyne") held by the Reporting Person immediately prior to the Effective Time was converted into 0.8204 shares of the Company's common stock. The transaction was exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16b-3 promulgated thereunder.

Footnote F2

Represents Company restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Company's common stock. The RSUs vest as to 1/5 of the the total number of RSUs on each of the first five quarterly anniversaries of the grant date, subject to the Reporting Person's continued service through the applicable vesting date. The RSUs have no expiration date.

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