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

Role
General Counsel and Secretary
Signature
/s/ Megan Chung
Stock symbol
OUST
Transactions as of
Mar 14, 2023
Transactions value $
-$24,863
Form type
4
Date filed
6/14/2023, 09:45 PM
Previous filing
Feb 21, 2023
Next filing
Mar 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OUST Common Stock Sale -$10.7K -1.18K -1.12% $9.04 105K Mar 14, 2023 Direct F1, F2
transaction OUST Common Stock Sale -$14.2K -2.5K -2.39% $5.66 102K Jun 12, 2023 Direct F1
* 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.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.6421 to $9.055, 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:

On April 20, 2023, the Issuer effected a 1-for-10 reverse stock split (the "Reverse Stock Split"). The share counts herein have been adjusted to reflect the Reverse Stock Split.