Ramy A. Mahmoud - Dec 16, 2021 Form 4 Insider Report for OptiNose, Inc. (OPTN)

Role: President and COO
Signature: /s/ Anthony Krick, Attorney-in-Fact
Stock symbol: OPTN
Transactions as of: Dec 16, 2021
Transactions value $: -$1,502
Form type: 4
Date filed: 12/17/2021, 08:23 AM
Previous filing: Sep 17, 2021
Next filing: Jan 12, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OPTN	Common Stock	Sale	-$1.5K	-916	-0.33%	$1.64	281K	Dec 16, 2021	Direct	F1
holding	OPTN	Common Stock						35.7K	Dec 16, 2021	By: The Ramy Mahmoud 2014 Trust for Cynthia Mahmoud

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of restricted share units. This sale is mandated by the issuer's award agreement under its equity incentive plan to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.

Content

Represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of restricted share units. This sale is mandated by the issuer's award agreement under its equity incentive plan to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.