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

Role: Chair and CEO, Director
Signature: By: John L Brottem For: Leslie Trigg
Issuer symbol: OM
Transactions as of: 01 Aug 2022
Net transactions value: -$483,600
Form type: 4
Filing time: 02 Aug 2022, 17:07:04 UTC
Previous filing: 02 Jun 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	Options Exercise	$116,400	+30,000	+10%	$3.88	322,073	01 Aug 2022	Direct
transaction	OM	Common Stock	Sale	$600,000	-30,000	-9.3%	$20.00	292,073	01 Aug 2022	Direct	F1
holding	OM	Common Stock						8,770	01 Aug 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	Performance Options (right to buy)	Options Exercise	$0	-30,000	-16%	$0.000000	160,508	01 Aug 2022	Common Stock	30,000	$3.88	Direct	F2

* 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	In March 2021, following the expiration of the lock-up period in connection with our initial public offering, the applicable performance and market-based vesting conditions were met and the shares underlying this stock option award became fully vested.