Form 4 for OUST Ouster, Inc.

Accepted 2023-02-14 00:00:00 ET · period of report 2023-02-10 · accession 0000899243-23-005103 · 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
	2023-02-14	2023-02-10	OUST	WEINSWIG MARK	CFO	A - Grant	—	+790.3K	790.3K	New	—

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	790,279	—	790,279	D	—	—	(F1) Includes 767,175 shares of common stock subject to time-based restrictions on transfer ("RSAs"). The RSAs will vest in accordance with the terms of the underlying awards. (F2) 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 the Company's common stock. At the Effective Time, each outstanding RSA held by the Reporting Person was converted into a number of restricted shares of the Company's common stock equal to the product of the number of shares of Velodyne common stock subject to the RSA and 0.8204, with the same terms and conditions as applied to the RSA immediately prior to the Effective Time. The transaction was exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16b-3 promulgated thereunder.