Leslie Trigg - Mar 1, 2022 Form 4 Insider Report for Outset Medical, Inc. (OM)

Signature
By: John L Brottem For: Leslie Trigg
Stock symbol
OM
Transactions as of
Mar 1, 2022
Transactions value $
-$792,146
Form type
4
Date filed
3/2/2022, 03:55 PM
Previous filing
Feb 3, 2022
Next filing
Mar 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OM Common Stock Options Exercise $77.6K +20K +6.42% $3.88 332K Mar 1, 2022 Direct
transaction OM Common Stock Sale -$870K -20K -6.03% $43.49 312K Mar 1, 2022 Direct F1, F2, F3
holding OM Common Stock 8.77K Mar 1, 2022 Trigg Family Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction OM Non-Qualified Stock Option (right to buy) Options Exercise $0 -20K -20.9% $0.00 75.7K Mar 1, 2022 Common Stock 20K $3.88 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 14, 2020.
F2 The price reported in Column 4 is a weighted average price. The shares of common stock of the Issuer were sold in multiple transactions at prices ranging from: $42.00-$42.99 - 3,394 shares; $43.00-$43.99 - 12,474 shares; $44.00 - $44.99 - 4,132 shares. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 Includes 500 shares of Common Stock acquired pursuant to the Outset Medical, Inc. 2020 Employee Stock Purchase Plan ("ESPP"), for the purchase period of September 1, 2021 to February 28, 2022. This transaction is exempt from Rule 16b-3(c).
F4 This option vested in 48 equal monthly installments beginning on October 19, 2017.