Leslie L Trigg - 01 Apr 2022 Form 4 Insider Report for Outset Medical, Inc. (OM)

Signature
By: John L Brottem For: Leslie Trigg
Issuer symbol
OM
Transactions as of
01 Apr 2022
Net transactions value
-$2,803,370
Form type
4
Filing time
04 Apr 2022, 17:10:44 UTC
Previous filing
16 Mar 2022
Next filing
03 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OM Common Stock Options Exercise $82,200 +20,000 +6.5% $4.11 327,982 01 Apr 2022 Direct
transaction OM Common Stock Sale $923,600 -20,000 -6.1% $46.18 307,982 01 Apr 2022 Direct F1, F2
transaction OM Common Stock Options Exercise $116,400 +30,000 +9.7% $3.88 337,982 01 Apr 2022 Direct
transaction OM Common Stock Sale $1,385,670 -30,000 -8.9% $46.19 307,982 01 Apr 2022 Direct F1, F3
transaction OM Common Stock Sale $692,700 -15,000 -4.9% $46.18 292,982 01 Apr 2022 Direct F1, F4
holding OM Common Stock 8,770 01 Apr 2022 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 -30,000 -40% $0.000000 45,711 01 Apr 2022 Common Stock 30,000 $3.88 Direct F5
transaction OM Non-Qualified Stock Option (right to buy) Options Exercise $0 -20,000 -12% $0.000000 152,365 01 Apr 2022 Common Stock 20,000 $4.11 Direct F6
* 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 March 2,2022.
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: $45.00-$45.99 - 9,378 shares; $46.00-$46.99 - 10,327 shares; $47.00 - $47.99 - 295 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 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: $44.00-$44.99 - 500 shares; $45.00-$45.99 - 13,674 shares; $46.00-$46.99 - 15,506 shares; $47.00 - $47.99 - 320 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.
F4 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: $44.00-$44.99 - 400 shares; $45.00-$45.99 - 6,692 shares; $46.00-$46.99 - 7,219 shares; $47.00 - $47.99 - 689 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.
F5 This option vested in 48 equal monthly installments beginning on October 19, 2017.
F6 This option vests in 48 equal monthly installments beginning on December 3, 2018, subject to the reporting person's continued employment through the applicable vesting date.