Randall A. Lipps - Mar 14, 2022 Form 4 Insider Report for OMNICELL, Inc (OMCL)

Signature
/s/ Vijay Biligiri, as attorney-in-fact for Randall A. Lipps
Stock symbol
OMCL
Transactions as of
Mar 14, 2022
Transactions value $
-$385,626
Form type
4
Date filed
3/16/2022, 04:28 PM
Previous filing
Feb 17, 2022
Next filing
Jun 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OMCL Common Stock Award $0 +41.4K +41.31% $0.00 142K Mar 14, 2022 Direct F3
transaction OMCL Common Stock Tax liability -$386K -2.94K -2.07% $131.21 139K Mar 14, 2022 Direct F4
holding OMCL Common Stock 121K Mar 14, 2022 Direct
holding OMCL Common Stock 285K Mar 14, 2022 In Trust with Wife F1
holding OMCL Common Stock 8.3K Mar 14, 2022 In Trust for Children F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held in trust with Mr. Lipps' wife.
F2 Shares held in trust for the benefit of Mr. Lipps' children.
F3 Reflects performance-based restricted stock units that were previously granted on February 9, 2021 subject to the Company meeting certain stock performance objectives compared to the NASDAQ Healthcare Index, as previously reported at the target amount of 20,715 shares on Form 4 filed on February 11, 2021. On March 14, 2022 (the determination date), the Compensation Committee determined the performance criteria was met with respect to 41,430 performance-based restricted stock units (200% of target) of which 25% vested upon the determination date. The remaining performance-based restricted stock units will vest on a semi-annual basis over a period of thirty-six months commencing on June 15, 2022.
F4 Reflects withholding of shares to cover taxes due in connection with the vesting of performance-based restricted stock units.