Leslie L Trigg - 01 Nov 2021 Form 4 Insider Report for Outset Medical, Inc. (OM)

Role: Chief Executive Officer, Director
Signature: By: John L Brottem For: Leslie Trigg
Issuer symbol: OM
Transactions as of: 01 Nov 2021
Net transactions value: -$1,871,838
Form type: 4
Filing time: 02 Nov 2021, 18:14:47 UTC
Previous filing: 04 Oct 2021
Next filing: 02 Dec 2021
SEC: View on sec.gov

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	270,567	01 Nov 2021	Direct
transaction	OM	Common Stock	Sale	$1,149,388	-20,000	-7.4%	$57.47	250,567	01 Nov 2021	Direct	F1, F2
transaction	OM	Common Stock	Options Exercise	$43,950	+15,000	+6%	$2.93	265,567	01 Nov 2021	Direct
transaction	OM	Common Stock	Sale	$825,000	-15,000	-5.6%	$55.00	250,567	01 Nov 2021	Direct
holding	OM	Common Stock						8,770	01 Nov 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	-41%	$0.000000	29,373	01 Nov 2021	Common Stock	20,000	$2.93	Direct	F3
transaction	OM	Non-Qualified Stock Option (right to buy)	Options Exercise	$0	-15,000	-51%	$0.000000	14,373	01 Nov 2021	Common Stock	15,000	$2.93	Direct	F3

* 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: $54.00-$54.99 - 564 shares; $55.00-$55.99 - 400 shares; $56.00-$56.99 - 6,069 shares; $57.00-$57.99 - 6,130 shares; $58.00-$58.99 - 6,837 shares. 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	This option vested in 48 equal monthly installments beginning on August 22, 2015.