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

Role
General Counsel and Secretary
Signature
/s/ Megan Chung
Issuer symbol
OUST
Transactions as of
14 Mar 2023
Net transactions value
-$24,863
Form type
4
Filing time
14 Jun 2023, 21:45:33 UTC
Previous filing
21 Feb 2023
Next filing
20 Mar 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 Sale $10,693 -1,183 -1.1% $9.04 104,692 14 Mar 2023 Direct F1, F2
transaction OUST Common Stock Sale $14,170 -2,503 -2.4% $5.66 102,189 12 Jun 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.