Form 4 for OUST Ouster, Inc.
Accepted 2023-08-17 00:00:00 ET · period of report 2023-08-15 · accession 0001209191-23-046386 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MI | 2023-08-17 | 2023-08-15+ | OUST | Banyan Venture Holdings LLC | 10% | S - Sale | $6.76 | -114.0K | 2.44M | -4% | -$770.8K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-08-15 | S | D | 100,000 | $6.79 | 2,457,265 | I By Banyan Venture Holdings LLC | — | — | (F1) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $6.62 to $7.40, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above. (F2) Reflects the Issuer's 1-for-10 reverse stock split effected on April 20, 2023. (F3) Mr. Kantheti is a Manager of Banyan Venture Holdings LLC ("Banyan"). As a result, Mr. Kantheti may be deemed to beneficially own the securities held by Banyan. Mr. Kantheti disclaims beneficial ownership of the securities held by Banyan except to the extent of his pecuniary interest therein. |
| 2 | Common | Common Stock | 2023-08-16 | S | D | 14,039 | $6.54 | 2,443,226 | I By Banyan Venture Holdings LLC | — | — | (F4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $6.50 to $6.64, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above. (F3) Mr. Kantheti is a Manager of Banyan Venture Holdings LLC ("Banyan"). As a result, Mr. Kantheti may be deemed to beneficially own the securities held by Banyan. Mr. Kantheti disclaims beneficial ownership of the securities held by Banyan except to the extent of his pecuniary interest therein. |