Nabeel Ahmed - Jan 26, 2022 Form 4 Insider Report for Outset Medical, Inc. (OM)

Signature
By: John L Brottem For: Nabeel Ahmed
Stock symbol
OM
Transactions as of
Jan 26, 2022
Transactions value $
$0
Form type
4
Date filed
1/28/2022, 03:56 PM
Previous filing
Aug 11, 2021
Next filing
Mar 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OM Common Stock Award $0 +27.4K +170.11% $0.00 43.4K Jan 26, 2022 Direct F1, F2
transaction OM Common Stock Award $0 +1.54K +3.54% $0.00 45K Jan 26, 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units ("RSU") granted to the reporting person on January 26, 2022. Each RSU represents a contingent right to receive one share of common stock. These RSUs shall vest 33.33% on January 26, 2023, and the remaining 66.67% shall vest in equal installments over the course of the following two years on a quarterly basis 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 Includes 489 shares of Common Stock acquired pursuant to the Outset Medical, Inc. 2020 Employee Stock Purchase Plan ("ESPP"), for the purchase period of March 1, 2021 to August 31, 2021. This transaction is exempt from Rule 16b-3(c).
F3 Represents portion of stock units granted to the reporting person on January 26, 2022 that will vest on December 31, 2024, subject only to the reporting person's continuous service through the vesting date. Each stock unit represents a contingent right to receive one share of common stock.