Nabeel Ahmed - 05 Aug 2021 Form 4 Insider Report for Outset Medical, Inc. (OM)

Signature
Nabeel Ahmed
Issuer symbol
OM
Transactions as of
05 Aug 2021
Transactions value $
$0
Form type
4
Filing time
06 Aug 2021, 17:15:07 UTC
Previous filing
19 Jul 2021
Next filing
11 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OM Common Stock Award $0 +8.4K +135.65% $0.00 14.6K 05 Aug 2021 Direct F1

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) Award $0 +18.1K $0.00 18.1K 05 Aug 2021 Common Stock 18.1K $39.03 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represent Restricted Stock Units (RSUs) granted to the reporting person on August 5, 2021. Each RSU represents a contingent right to receive one share of common stock. These RSUs shall vest 25% on August 5, 2022, then quarterly over three years on each February 15th, May 15th, August 15th and November 15th, subject to the reporting person's continuous service through the applicable vesting date.
F2 This option vests 25% on August 5, 2022 and then in 36 equal monthly installments thereafter, subject to the reporting person's continued employment through the applicable vesting period.