Stacey L. Porter - Oct 22, 2021 Form 4 Insider Report for Outset Medical, Inc. (OM)

Role: Chief People Officer
Signature: By: John L Brottem For: Stacey L Porter
Stock symbol: OM
Transactions as of: Oct 22, 2021
Transactions value $: $0
Form type: 4
Date filed: 10/25/2021, 04:36 PM
Previous filing: Oct 21, 2021
Next filing: Jan 28, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OM	Common Stock	Award	$0	+1.5K	+12.72%	$0.00	13.3K	Oct 22, 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	+2.81K		$0.00	2.81K	Oct 22, 2021	Common Stock	2.81K	$51.53	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 October 22, 2021. Each RSU represents a contingent right to receive one share of common stock. These RSUs shall vest 25% on October 22, 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 October 22, 2022 and then in 36 equal monthly installments thereafter, subject to the reporting person's continued employment through the applicable vesting date.

Content

Represent Restricted Stock Units (RSUs) granted to the reporting person on October 22, 2021. Each RSU represents a contingent right to receive one share of common stock. These RSUs shall vest 25% on October 22, 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.

This option vests 25% on October 22, 2022 and then in 36 equal monthly installments thereafter, subject to the reporting person's continued employment through the applicable vesting date.