Peter K. Miller - 15 Sep 2021 Form 4 Insider Report for OptiNose, Inc. (OPTN)

Role
Chief Executive Officer, Director
Signature
/s/ Michele Janis, Attorney-in-Fact
Issuer symbol
OPTN
Transactions as of
15 Sep 2021
Net transactions value
-$67,222
Form type
4
Filing time
17 Sep 2021, 13:58:32 UTC
Previous filing
17 Jun 2021
Next filing
17 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OPTN Common Stock Options Exercise +79,508 +12% 720,211 15 Sep 2021 Direct F1, F2
transaction OPTN Common Stock Tax liability $60,847 -21,848 -3% $2.78 698,363 15 Sep 2021 Direct F3
transaction OPTN Common Stock Tax liability $6,375 -2,289 -0.33% $2.78 696,074 15 Sep 2021 Direct F4
holding OPTN Common Stock 104,413 15 Sep 2021 By: Deed of Trust Peter K. Miller, dated October 13, 2014

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 OPTN Restricted Stock Units Options Exercise $0 -79,508 -50% $0.000000 79,507 15 Sep 2021 Common Stock 79,508 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the vesting of restricted stock units (RSUs) granted on September 15, 2020. 50% of the RSUs subject to this award shall vest on September 15, 2021 and the balance shall vest on September 15, 2022, subject to the reporting person's continuous service through such vesting date.
F2 Includes 6,038 shares acquired under the Optinose, Inc. 2017 Employee Stock Purchase Plan on June 30, 2021 at a price of $2.72
F3 Represents the cancellation of RSUs in satisfaction of the reporting persons tax liability on the vesting of an RSU grant received on September 15, 2020.
F4 Represents the cancellation of RSUs in satisfaction of the reporting person's tax liability on the vesting of an RSU grant received on March 6, 2020.
F5 RSUs convert into common stock on a one-for-one basis.