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

Signature
/s/ Anthony Krick, Attorney-in-Fact
Stock symbol
OPTN
Transactions as of
Jan 31, 2024
Transactions value $
-$69,266
Form type
4
Date filed
2/1/2024, 02:43 PM
Previous filing
Dec 20, 2023
Next filing
Feb 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OPTN Common Stock Sale -$69.3K -52.9K -8.79% $1.31 548K Jan 31, 2024 Direct F1
holding OPTN Common Stock 172K Jan 31, 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.