Sec Form 4 Filing - Brunelle Anna @ Ouster, Inc. - 2022-03-15

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Brunelle Anna
2. Issuer Name and Ticker or Trading Symbol
Ouster, Inc. [ OUST]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Financial Officer
(Last) (First) (Middle)
350 TREAT AVENUE
3. Date of Earliest Transaction (MM/DD/YY)
03/15/2022
(Street)
SAN FRANCISCO, CA94110
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/15/2022 M 34,120( 1 ) A $ 0( 1 ) 1,509,452( 2 ) D
Common Stock 03/16/2022 S 11,817( 3 ) D $ 3.16 1,497,635 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units ( 1 ) 03/15/2022 M 34,120 ( 2 ) ( 2 ) Common Stock 34,120 $ 0 0( 1 ) D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Brunelle Anna
350 TREAT AVENUE
SAN FRANCISCO, CA94110
Chief Financial Officer
Signatures
/s/ Anna S. Brunelle 03/16/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock at $0.00. 34,120 RSUs vested into shares of common stock on March 15, 2022.
( 2 )The reporting person previously reported certain awards of RSUs in Table II of Form 4, but has elected to report them in Table I going forward. The total reported in Column 5 of Table I has been updated to include 102,360 RSUs that would have otherwise been reported in Column 9 of Table II from an original grant of 136,480 RSUs granted on July 13, 2021, The 102,360 RSUs will vest in 12 equal installments on each quarterly anniversary following March 15, 2022, subject to the reporting person's continued service with the Issuer through each applicable vesting date.
( 3 )Reflects shares sold to cover withholding taxes incurred upon the settlement of RSUs in a trade that was initiated by the issuer on the reporting person's behalf pursuant to terms of the applicable RSU agreement..

Remarks:
Exhibit List - Exhibit 24 - Power of Attorney

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