X0306 4 2020-06-08 0 0001720725 Oyster Point Pharma, Inc. OYST 0001613867 Behbahani Ali 1954 GREENSPRING DRIVE SUITE 600 TIMONIUM MD 21093 1 0 0 0 Common Stock 2020-06-08 4 A 0 6600 0.00 A 6600 D Represents a grant of restricted stock units (the "RSUs"). Each RSU represents a contingent right to receive one share of Common Stock of the Issuer. The shares underlying the RSUs vest as to one-twelfth (1/12th) of the RSUs on July 8, 2020 and monthly thereafter on the same day of the month as the grant date; however, the shares underlying the RSUs will vest fully on the date of the next annual stockholder meeting held after the date of grant if not fully vested on such date, in each case, subject to the Reporting Person's continuous service to the Issuer as a director through each such date. /s/ Sasha Keough, attorney-in-fact 2020-06-10