Steven S. Williamson - 21 Jan 2022 Form 4 Insider Report for Outset Medical, Inc. (OM)

Signature
By: John L Brottem For: Steve S Williamson
Issuer symbol
OM
Transactions as of
21 Jan 2022
Transactions value $
-$86,047
Form type
4
Filing time
25 Jan 2022, 17:14:12 UTC
Previous filing
17 Nov 2021
Next filing
28 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OM Common Stock Award $0 +9,205 +32% $0 38,137 21 Jan 2022 Direct F1
transaction OM Common Stock Sale -$86,047 -2,280 -6% $37.74 35,857 25 Jan 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number shares of Common Stock of the Issuer that vested in connection with performance stock units (PSUs) granted to the reporting person on March 15, 2021 upon confirmation by the Issuer's Compensation Committee of the Board of Directors on January 21, 2022 that the applicable performance criteria for calendar year 2021 had been met.
F2 Required number of shares sold by the reporting person to cover tax withholding obligations in connection with the vesting of the PSUs described above in footnote (1). This sale was made to satisfy tax withholding obligations through a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.