Martin Vazquez - Aug 1, 2022 Form 4 Insider Report for Outset Medical, Inc. (OM)

Role
Chief Operating Officer
Signature
By: John L Brottem For: Martin Vazquez
Stock symbol
OM
Transactions as of
Aug 1, 2022
Transactions value $
-$161,200
Form type
4
Date filed
8/2/2022, 05:14 PM
Previous filing
Jun 2, 2022
Next filing
Aug 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OM Common Stock Options Exercise $19.4K +5K +10.15% $3.88* 54.2K Aug 1, 2022 Direct
transaction OM Common Stock Sale -$100K -5K -9.22% $20.00 49.2K Aug 1, 2022 Direct F1
transaction OM Common Stock Options Exercise $19.4K +5K +10.15% $3.88* 54.2K Aug 1, 2022 Direct
transaction OM Common Stock Sale -$100K -5K -9.22% $20.00 49.2K Aug 1, 2022 Direct F1

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 -5K -4.63% $0.00 103K Aug 1, 2022 Common Stock 5K $3.88 Direct F2
transaction OM Performance Options (right to buy) Options Exercise $0 -5K -4.85% $0.00 98K Aug 1, 2022 Common Stock 5K $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 1, 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.