Leslie L. Trigg - 11 Nov 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
11 Nov 2022
Net transactions value
-$483,600
Form type
4
Filing time
14 Nov 2022, 18:53:29 UTC
Previous filing
16 Aug 2022
Next filing
17 Nov 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% $3.88 321,159 11 Nov 2022 Direct
transaction OM Common Stock Sale $600,000 -30,000 -9.3% $20.00 291,159 11 Nov 2022 Direct F1
holding OM Common Stock 8,770 11 Nov 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 -19% $0.000000 130,508 11 Nov 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.