Jean-Olivier Racine - 23 Jun 2022 Form 4 Insider Report for Outset Medical, Inc. (OM)

Role
Chief Technology Officer
Signature
By: John L Brottem For: Jean-Olivier Racine
Issuer symbol
OM
Transactions as of
23 Jun 2022
Net transactions value
-$16,776
Form type
4
Filing time
24 Jun 2022, 17:33:38 UTC
Previous filing
28 Jan 2022
Next filing
16 Aug 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 $16,776 -1,157 -2.7% $14.50 40,920 23 Jun 2022 Direct F1, 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 4,719 shares of Common Stock underlying RSUs granted to the reporting person on June 22, 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 Includes 500 shares of Common Stock acquired pursuant to the Outset Medical, Inc. 2020 Employee Stock Purchase Plan ("ESPP"), for the purchase period of September 1, 2021 to February 28, 2022. This transaction is exempt from Rule 16b-3(c).