Steven S. Williamson - 16 Nov 2022 Form 4 Insider Report for Outset Medical, Inc. (OM)

Role
Chief Commercial Officer
Signature
By: John L Brottem For: Steven S Williamson
Issuer symbol
OM
Transactions as of
16 Nov 2022
Transactions value $
$-66,010
Form type
4
Filing time
17 Nov 2022, 15:25:20 UTC
Previous filing
28 Jan 2022
Next filing
09 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OM Common Stock Sale $-66,010 -3,422 -5.24% $19.29 61,823 16 Nov 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Required number of shares sold by the reporting person to cover tax withholding obligations in connection with the vesting of 10,000 shares of Common Stock underlying RSUs granted to the reporting person on November 15, 2020. 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.
F2 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).