William J. Link Phd - Jun 7, 2021 Form 4 Insider Report for Oyster Point Pharma, Inc. (OYST)

Role: Director
Signature: /s/ Brandon Fenn, Attorney-in-Fact
Stock symbol: OYST
Transactions as of: Jun 7, 2021
Transactions value $: $0
Form type: 4
Date filed: 6/9/2021, 08:44 PM
Previous filing: Jun 7, 2021
Next filing: Jun 17, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OYST	Common Stock	Award	$0	+3.47K	+52.52%	$0.00	10.1K	Jun 7, 2021	Direct	F1, F2
holding	OYST	Common Stock						20.6K	Jun 7, 2021	By Limited Partnership	F3
holding	OYST	Common Stock						1.27K	Jun 7, 2021	By Trust	F4
holding	OYST	Common Stock						27.9K	Jun 7, 2021	By LLC	F5
holding	OYST	Common Stock						8.43K	Jun 7, 2021	See Footnote	F6
holding	OYST	Common Stock						1.36M	Jun 7, 2021	See Footnote	F7

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	OYST	Stock Option (Right to Buy)	Award	$0	+5.2K		$0.00	5.2K	Jun 7, 2021	Common Stock	5.2K	$17.74	Direct	F8

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents a grant of restricted stock units (the "RSUs"). Each RSU represents a contingent right to receive one share of Common Stock of the Issuer.
F2	The shares underlying the RSU will vest on June 7, 2022, but will vest fully on the date of the next annual stockholder meeting held after the date of grant if not fully vested on such date, in each case, subject to the Reporting Person's continuous service to the Issuer as a director through each such date.
F3	Shares held by Link Family Enterprise, LP. The Reporting Person may be deemed to beneficially own the shares indirectly by reason of the Reporting Person as the controlling member of Link Family Enterprise, LP.
F4	Shares held by The Link Family Trust. The Reporting Person may be deemed to beneficially own the shares indirectly by reason of the Reporting Person as the Trustee of The Link Family Trust.
F5	Shares held by Flying L Partners VII, LLC. The Reporting Person may be deemed to beneficially own the shares indirectly by reason of the Reporting Person as the controlling member of Flying L Partners VII, LLC.
F6	Shares held by Versant Side Fund IV, L.P. ("Versant Side Fund IV"). The Reporting Person may be deemed to beneficially own the shares held by Versant Side Fund IV as a managing member of Versant Ventures IV, LLC, its sole general partner. The Reporting Person disclaims beneficial ownership of the securities held by Versant Side Fund IV except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person, as applicable, is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
F7	Shares held by Versant Venture Capital IV, L.P. ("Versant IV"). The Reporting Person may be deemed to beneficially own the shares held by Versant IV as a managing member of Versant Ventures IV, LLC, its sole general partner. The Reporting Person disclaims beneficial ownership of the securities held by Versant IV except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person, as applicable, is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
F8	The shares underlying the option vest as to one-twelfth (1/12th) of the shares on July 7, 2021 and monthly thereafter on the same day of the month as the grant date, in each case, subject to the Reporting Person's continuous service to the Issuer as a director through each such date.