Victor Sze - May 8, 2023 Form 4 Insider Report for OSI SYSTEMS INC (OSIS)

Role
GENERAL COUNSEL
Signature
/s/ Victor S. Sze
Stock symbol
OSIS
Transactions as of
May 8, 2023
Transactions value $
-$2,353,988
Form type
4
Date filed
5/10/2023, 12:58 PM
Previous filing
Feb 8, 2023
Next filing
Jun 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OSIS Common Stock Sale -$1.05M -8.99K -9.27% $117.27 88K May 8, 2023 Direct F1, F2
transaction OSIS Common Stock Sale -$1.3M -11K -12.52% $118.05 77K May 8, 2023 Direct F1, F3
holding OSIS Common Stock 15.6K May 8, 2023 Please see footnote F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Pursuant to the Reporting Owner's Rule 10b5-1 Plan adopted June 14, 2022.
F2 This transaction was executed in multiple trades at prices ranging from $116.72 to $117.70. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares and price at which the transaction was effected.
F3 This transaction was executed in multiple trades at prices ranging from $117.72 to $118.32. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares and price at which the transaction was effected.
F4 Victor So-Mien Sze & Angela Hsin-Chi Hsu Co-ttee Sze Trust U/T/A DTD 11/25/2014