Darien Spencer - 14 Mar 2023 Form 4 Insider Report for Ouster, Inc. (OUST)

Signature
/s/ Darien Raymond Spencer
Issuer symbol
OUST
Transactions as of
14 Mar 2023
Net transactions value
-$16,416
Form type
4
Filing time
16 Mar 2023, 21:49:56 UTC
Previous filing
20 Dec 2022
Next filing
20 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OUST Common Stock Sale $13,848 -15,322 -0.96% $0.9038 1,580,465 14 Mar 2023 Direct F1, F2
transaction OUST Common Stock Sale $2,568 -2,885 -0.18% $0.8902 1,577,580 16 Mar 2023 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.8643 to $0.9055 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.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.8902 to $0.8975 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.

Remarks:

Exhibit 24 - Power of Attorney.