Martin Vazquez - 01 Mar 2022 Form 4 Insider Report for Outset Medical, Inc. (OM)

Signature
By: John L Brottem For: Martin Vazquez
Issuer symbol
OM
Transactions as of
01 Mar 2022
Net transactions value
-$174,458
Form type
4
Filing time
02 Mar 2022, 15:47:44 UTC
Previous filing
03 Feb 2022
Next filing
16 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OM Common Stock Options Exercise $43,100 +5,000 +9.9% $8.62 55,525 01 Mar 2022 Direct
transaction OM Common Stock Sale $217,558 -5,000 -9% $43.51 50,525 01 Mar 2022 Direct F1, F2

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 -5,000 -7.4% $0.000000 62,151 01 Mar 2022 Common Stock 5,000 $8.62 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: $42.00-$42.99 - 745 shares; $43.00-$43.99 - 3,355 shares; $44.00 - $44.99 - 900 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 vests in 48 equal monthly installments beginning on March 3, 2020, subject to the reporting person's continued employment through the applicable vesting date.