Leslie L Trigg - 02 Aug 2021 Form 4 Insider Report for Outset Medical, Inc. (OM)

Signature
By: John L Brottem For: Leslie Trigg
Issuer symbol
OM
Transactions as of
02 Aug 2021
Net transactions value
-$753,706
Form type
4
Filing time
03 Aug 2021, 16:59:04 UTC
Previous filing
02 Jul 2021
Next filing
01 Sep 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OM Common Stock Options Exercise $58,600 +20,000 +8% $2.93 270,257 02 Aug 2021 Direct
transaction OM Common Stock Sale $812,306 -20,000 -7.4% $40.62 250,257 02 Aug 2021 Direct F1, F2, F3
holding OM Common Stock 8,770 02 Aug 2021 Trigg Family Trust

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 OM Non-Qualified Stock Option (right to buy) Options Exercise $0 -20,000 -14% $0.000000 126,873 02 Aug 2021 Common Stock 20,000 $2.93 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 14, 2020.
F2 The price reported in Column 4 is a weighted average price. The shares of common stock of the Issuer were sold in multiple transactions at prices ranging from $40.01 to $41.06, 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 in this footnote.
F3 Due to an administrative error, shares acquired by the reporting person under the Issuer?s Employee Stock Purchase Plan on February 28, 2021 were incorrectly reported as 1,666 shares instead of 1,265 shares in a Form 4 filed on March 17, 2021. This column reflects the corrected balance.
F4 This option vested in 48 equal monthly installments beginning on August 22, 2015.