Megan Chung - Mar 28, 2024 Form 4 Insider Report for Ouster, Inc. (OUST)

Role
General Counsel and Secretary
Signature
/s/ Megan Chung
Stock symbol
OUST
Transactions as of
Mar 28, 2024
Transactions value $
-$45,976
Form type
4
Date filed
4/2/2024, 04:30 PM
Previous filing
Mar 13, 2024
Next filing
Jun 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OUST Common Stock Award $0 +60.9K +64.95% $0.00 155K Mar 28, 2024 Direct F1
transaction OUST Common Stock Award $0 +15K +9.69% $0.00 170K Mar 28, 2024 Direct F2
transaction OUST Common Stock Sale -$46K -5.78K -3.4% $7.96 164K Apr 1, 2024 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Company shares of common stock subject to time-based restrictions on transfer ("RSAs"). Each RSA represents a contingent right to receive one share of the Company's common stock. The RSAs vest in two equal installments on December 11, 2024 and September 11, 2025, subject to the Reporting Person's continued service through the applicable vesting date.
F2 Represents an award of restricted stock units ("RSU"). Each RSU represents a contingent right to receive one share of the Company common stock. The RSUs vested in full on March 28, 2024.
F3 Reflects shares sold to cover withholding taxes incurred upon the vesting and settlement of restricted stock units in a trade that was initiated by the Issuer on the Reporting Person's behalf.