Form 4 for OUST Ouster, Inc.

Accepted 2023-02-14 00:00:00 ET · period of report 2023-02-10 · accession 0000899243-23-005101 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
M	2023-02-14	2023-02-10	OUST	BOULET VIRGINIA	Dir	A - Grant	$0.00	+404.9K	218.6K	New	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2023-02-10	A	A	186,254	$0.00	404,894	D	—	—	(F2) Represents Company restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Company's common stock. The RSUs vest as to 1/5 of the the total number of RSUs on each of the first five quarterly anniversaries of the grant date, subject to the Reporting Person's continued service through the applicable vesting date. The RSUs have no expiration date.
2	Common	Common Stock	2023-02-10	A	A	218,640	—	218,640	D	—	—	(F1) Pursuant to the Agreement and Plan of Merger, dated as of November 4, 2022 (the "Merger Agreement"), at the effective time of the first merger contemplated by the Merger Agreement (the "Effective Time"), each share of common stock of Velodyne Lidar, Inc. ("Velodyne") held by the Reporting Person immediately prior to the Effective Time was converted into 0.8204 shares of Ouster, Inc. (the "Company") common stock. The transaction was exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16b-3 promulgated thereunder.