Michael F. Marino III - 17 Jun 2021 Form 4 Insider Report for OptiNose, Inc. (OPTN)

Signature
/s/ Michele Janis, Attorney-in-Fact
Issuer symbol
OPTN
Transactions as of
17 Jun 2021
Net transactions value
-$2,148
Form type
4
Filing time
17 Jun 2021, 18:39:11 UTC
Next filing
17 Sep 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OPTN Common Stock Sale $2,148 -576 -0.58% $3.73 98,590 17 Jun 2021 Direct F1
* 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 plans 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.