Karen Drexler - 07 Mar 2025 Form 4 Insider Report for Outset Medical, Inc. (OM)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
11 Mar 2025, 16:25:22 UTC
Prior SEC filing
22 Nov 2024
Next SEC filing
22 May 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
By: John L Brottem For: Karen Drexler

Key filing fact

Karen Drexler filed Form 4 for Outset Medical, Inc. (OM) on 11 Mar 2025.

Key facts

  • This page summarizes Karen Drexler's Form 4 filing for Outset Medical, Inc. (OM).
  • 3 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 11 Mar 2025, 16:25.

Change

  • Previous filing in this sequence was filed on 22 Nov 2024.
  • Current net transaction value: +$25,000.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

OM transaction

Common Stock

Options Exercise

Transaction value
Shares
+31,250
Change %
Price
Shares after
31,250
Date
10 Mar 2025
Ownership
Drexler Family Trust
Footnotes
F1
OM holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
48,232
Date
07 Mar 2025
Ownership
Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

OM transaction Derivative

Series A Non-Voting Convertible Preferred

Award

Transaction value
$25,000
Shares
+125
Change %
Price
$200.00
Shares after
125
Date
07 Mar 2025
Ownership
Drexler Family Trust
Underlying class
Preferred Stock
Underlying amount
125
Exercise price
$0.000000
Footnotes
F2
OM transaction Derivative

Series A Non-Voting Convertible Preferred

Options Exercise

Transaction value
$0
Shares
-125
Change %
-100%
Price
$0.000000
Shares after
0
Date
10 Mar 2025
Ownership
Drexler Family Trust
Underlying class
Preferred Stock
Underlying amount
125
Exercise price
$0.000000
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

The Issuer's stockholders approved the conversion of shares of the Issuer's Series A Non-Voting Convertible Preferred Stock ("Preferred Stock") into shares of the Issuer's common stock ("Common Stock") at its Meeting of Stockholders, held on March 5, 2025, after which each share of Preferred Stock automatically converted into 250 shares of Common Stock on March 10, 2025.

Footnote F2

These shares of Series A Non-Voting Convertible Preferred Stock ("Preferred Stock") were issued to the Reporting Person under securities purchase agreements entered into with the Issuer, pursuant to which the Issuer agreed to submit to its stockholders the approval of the conversion of the Preferred Stock into shares of Common Stock at its March 5, 2025 Meeting of Stockholders (the "Conversion Proposal"). The Issuer's stockholders approved the Conversion Proposal and each share of Preferred Stock will automatically convert into 250 shares of Common Stock, subject to certain limitations. The Preferred Stock has no expiration date.

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