According to the literature, students' motivation and satisfaction can influence their perceived learning outcomes. However, little is known about what kind of a role do motivation and satisfaction play in the context of online peer feedback. This exploratory study aims to examine the relationship between students' motivation and satisfaction with their perceived learning outcomes in an online peer feedback environment. To do this, 49 graduate students from a Dutch university participated and they were involved in an online peer feedback module for argumentative essay writing. At the end of the module, students were asked to fill out surveys regarding their motivation, satisfaction, and perceived learning outcomes. The results showed that there is a positive correlation between students' motivation and satisfaction with their perceived learning outcomes in an online peer feedback environment in the context of argumentative essay writing. These results provide insight into how students' motivation and satisfaction can impact their perceived learning outcomes during an online peer feedback activity in the context of argumentative essay writing. [For the full proceedings, see ED630893.]