Nabeel Ahmed - Feb 29, 2024 Form 4 Insider Report for Outset Medical, Inc. (OM)

Signature
By: John L Brottem For: Nabeel Ahmed
Stock symbol
OM
Transactions as of
Feb 29, 2024
Transactions value $
-$744
Form type
4
Date filed
3/4/2024, 04:34 PM
Previous filing
Feb 26, 2024
Next filing
May 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OM Common Stock Other $4.25K +1.58K +0.49% $2.68 324K Feb 29, 2024 Direct F1
transaction OM Common Stock Sale -$4.99K -1.58K -0.49% $3.15 323K Mar 1, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Includes 1,584 shares of Common Stock acquired pursuant to the Outset Medical, Inc. 2020 Employee Stock Purchase Plan ("ESPP"), for the purchase period of September 1, 2023 to February 29, 2024. This transaction is exempt from Rule 16b-3(c).
F2 The sales reported in this Form 4 were effected pursuant to a Rule 10b51 Trading Plan adopted by the reporting person on February 17, 2023.