Ramy A. Mahmoud - 31 Jan 2024 Form 4 Insider Report for OptiNose, Inc. (OPTN)

Signature
/s/ Anthony Krick, Attorney-in-Fact
Issuer symbol
OPTN
Transactions as of
31 Jan 2024
Net transactions value
-$69,266
Form type
4
Filing time
01 Feb 2024, 14:43:21 UTC
Previous filing
20 Dec 2023
Next filing
29 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OPTN Common Stock Sale $69,266 -52,875 -8.8% $1.31 548,387 31 Jan 2024 Direct F1
holding OPTN Common Stock 172,422 31 Jan 2024 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.