Krishna Kantheti - Aug 15, 2023 Form 4 Insider Report for Ouster, Inc. (OUST)

Role
10%+ Owner
Signature
/s/ Krishna Kantheti
Stock symbol
OUST
Transactions as of
Aug 15, 2023
Transactions value $
-$770,815
Form type
4
Date filed
8/17/2023, 05:38 PM
Previous filing
Dec 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OUST Common Stock Sale -$679K -100K -3.91% $6.79 2.46M Aug 15, 2023 By Banyan Venture Holdings LLC F1, F2, F3
transaction OUST Common Stock Sale -$91.8K -14K -0.57% $6.54 2.44M Aug 16, 2023 By Banyan Venture Holdings LLC F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $6.62 to $7.40, 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 range set forth above.
F2 Reflects the Issuer's 1-for-10 reverse stock split effected on April 20, 2023.
F3 Mr. Kantheti is a Manager of Banyan Venture Holdings LLC ("Banyan"). As a result, Mr. Kantheti may be deemed to beneficially own the securities held by Banyan. Mr. Kantheti disclaims beneficial ownership of the securities held by Banyan except to the extent of his pecuniary interest therein.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $6.50 to $6.64, 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 range set forth above.