Jean-Olivier Racine - Aug 16, 2023 Form 4 Insider Report for Outset Medical, Inc. (OM)

Role
Chief Technology Officer
Signature
By: John L Brottem For: Jean-Olivier Racine
Stock symbol
OM
Transactions as of
Aug 16, 2023
Transactions value $
-$11,355
Form type
4
Date filed
8/17/2023, 04:39 PM
Previous filing
May 16, 2023
Next filing
Nov 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OM Common Stock Sale -$11.4K -752 -0.95% $15.10 78.5K Aug 16, 2023 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 an aggregate of 2,971 shares of Common Stock underlying RSUs granted to the reporting person on June 22, 2021 and January 26, 2022. 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 The sale price of the reporting person's shares represents the weighted average price of all shares sold by a broker on August 16, 2023 on behalf of a group of employees of the Issuer to satisfy the payment of withholding tax liability of such employees.