Racine Jean-Olivier 4
4 · Outset Medical, Inc. · Filed May 10, 2024
Insider Transaction Report
Form 4
Racine Jean-Olivier
Chief Technology Officer
Transactions
- Sale
Common Stock
2024-05-10$3.27/sh−8,306$27,161→ 265,325 total
Footnotes (2)
- [F1]Required number of shares sold by the reporting person to cover tax withholding obligations in connection with the vesting on May 10, 2024, of an aggregate of 33,923 shares of Common Stock underlying RSUs granted to the reporting person on June 22, 2021, January 26, 2022 and January 6, 2023, which were subject to accelerated vesting approved by the Compensation Committee of the Board in connection with the reporting person's departure. 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 1,801 shares of Common Stock acquired pursuant to the Outset Medical, Inc. 2020 Employee Stock Purchase Plan ("ESPP"), for the purchase period of September 1, 2023 to February 29, 2024. This transaction is exempt from Rule 16b-3(c).