John L. Brottem - 16 Mar 2022 Form 4 Insider Report for Outset Medical, Inc. (OM)

Role
General Counsel
Signature
John L Brottem
Issuer symbol
OM
Transactions as of
16 Mar 2022
Net transactions value
-$112,004
Form type
4
Filing time
17 Mar 2022, 18:53:28 UTC
Previous filing
15 Mar 2022
Next filing
18 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OM Common Stock Sale $55,360 -1,392 -3.8% $39.77 35,414 16 Mar 2022 Direct F1
transaction OM Common Stock Sale $56,644 -1,400 -4% $40.46 34,014 17 Mar 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Required number of shares sold by the reporting person to cover tax withholding obligations in connection with the vesting of 2,792 shares of Common Stock underlying RSUs granted to the reporting person on March 15, 2021. This sale was made to satisfy tax withholding obligations through a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.
F2 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 Trading Plan adopted by the reporting person on November 12, 2021.