Riaz Valani - 10 Feb 2023 Form 4 Insider Report for Ouster, Inc. (OUST)

Role
Director
Signature
/s/ Megan Chung, as Attorney-in-Fact
Issuer symbol
OUST
Transactions as of
10 Feb 2023
Net transactions value
$0
Form type
4
Filing time
14 Feb 2023, 19:55:20 UTC
Next filing
24 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OUST Common Stock Award $0 +186,254 $0.000000 186,254 10 Feb 2023 Direct F1
holding OUST Common Stock 975,890 10 Feb 2023 By LLC F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Riaz Valani (the "Reporting Person") is the sole manager of GAC Acquisition LLC, which owns 975,890 shares of the Company's common stock (the "Shares"). As the sole manager, the Reporting Person has both a pecuniary and voting interest in the Shares.