Ramy A. Mahmoud - Jan 13, 2023 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: Jan 13, 2023
Transactions value $: $0
Form type: 4
Date filed: 1/17/2023, 08:49 AM
Previous filing: Dec 19, 2022
Next filing: Feb 2, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OPTN	Common Stock	Sale	$0	-8.15K	-4.2%	$0.00	186K	Jan 13, 2023	Direct	F1
holding	OPTN	Common Stock						172K	Jan 13, 2023	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.