0001140361-21-008973.txt : 20210317
0001140361-21-008973.hdr.sgml : 20210317
20210317211235
ACCESSION NUMBER: 0001140361-21-008973
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210315
FILED AS OF DATE: 20210317
DATE AS OF CHANGE: 20210317
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Trigg Leslie
CENTRAL INDEX KEY: 0001304125
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39513
FILM NUMBER: 21752709
MAIL ADDRESS:
STREET 1: C/O OUTSET MEDICAL
STREET 2: 1830 BERING ROAD
CITY: SAN JOSE
STATE: CA
ZIP: 95112
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Outset Medical, Inc.
CENTRAL INDEX KEY: 0001484612
STANDARD INDUSTRIAL CLASSIFICATION: ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS [3845]
IRS NUMBER: 200514392
STATE OF INCORPORATION: DE
BUSINESS ADDRESS:
STREET 1: 3052 ORCHARD DRIVE
CITY: SAN JOSE
STATE: CA
ZIP: 95134
BUSINESS PHONE: 669-231-8200
MAIL ADDRESS:
STREET 1: 3052 ORCHARD DRIVE
CITY: SAN JOSE
STATE: CA
ZIP: 95134
FORMER COMPANY:
FORMER CONFORMED NAME: Home Dialysis Plus, Ltd.
DATE OF NAME CHANGE: 20100219
4
1
form4.xml
FORM 4
X0306
4
2021-03-15
0001484612
Outset Medical, Inc.
OM
0001304125
Trigg Leslie
3052 ORCHARD DRIVE
SAN JOSE
CA
95134
true
true
President & CEO
Common Stock
2021-03-15
4
A
0
29137
0
A
192383
D
Common Stock
2021-03-15
4
A
0
58275
0
A
250658
D
Common Stock
8770
I
Held by Trigg Family Trust U/A DTD 01/01/2002
Stock Option (Right to Buy)
25.89
2021-03-15
4
A
0
57937
0
A
2031-03-14
Common Stock
57937
57937
D
These shares of common stock of the Issuer ("Shares") are held directly by The Trigg Family Trust U/A DTD 01/01/2002, for which the reporting person and her spouse serve as trustees.
Represents restricted stock units ("RSU") granted to the reporting person on March 15, 2021. Each RSU represents a contingent right to receive one share of common stock. These RSUs shall vest 25% on March 15, 2022, then quarterly over three years on each February 15th, May 15th, August 15th and November 15th, subject to the reporting person's continuous service through the applicable vesting date.
Includes 1,666 shares acquired under the Outset Medical Inc. Employee Stock Purchase Plan on February 28, 2021.
Represents performance stock units ("PSU") granted to the reporting person on March 15, 2021. Each PSU represents a contingent right to receive one share of common stock. These PSUs shall vest (i) 50% on the last day of any period of 30 consecutive trading days during which the closing price is greater than $75.00 per share on each trading day during such period, subject to the reporting person's continued employment through the applicable vesting date and (ii) 50% shall vest on the last day of any period of 30 consecutive trading days during which the closing price is greater than $90.00 per share on each trading day during such period, subject to the reporting person's continued employment through the applicable vesting date.
This option vests 25% on March 15, 2022, and then in 36 equal monthly installments thereafter, subject to the reporting person's continued employment through the applicable vesting date.
/s/ John Brottem, attorney-in-fact for Leslie Trigg
2021-03-17