Leslie Trigg - May 2, 2022 Form 4 Insider Report for Outset Medical, Inc. (OM)

Role
Chair and CEO, Director
Signature
By: John L Brottem For: Leslie Trigg
Stock symbol
OM
Transactions as of
May 2, 2022
Transactions value $
-$959,835
Form type
4
Date filed
5/3/2022, 04:59 PM
Previous filing
Apr 4, 2022
Next filing
May 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OM Common Stock Options Exercise $116K +30K +10.24% $3.88 323K May 2, 2022 Direct
transaction OM Common Stock Sale -$1.08M -30K -9.29% $35.87 293K May 2, 2022 Direct F1, F2
holding OM Common Stock 8.77K May 2, 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 -30K -65.63% $0.00 15.7K May 2, 2022 Common Stock 30K $3.88 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 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: $34.00-$34.99 - 1,939 shares; $35.00-$35.99 - 17,182 shares; $36.00-$36.99 - 10,879 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 October 19, 2017.