ENGELSEN STEINAR J 4
4 · INSMED Inc · Filed May 14, 2020
Insider Transaction Report
Form 4
INSMED IncINSM
ENGELSEN STEINAR J
Director
Transactions
- Award
Common Stock
2020-05-12+8,097→ 296,299 total
Footnotes (2)
- [F1]Represents Restricted Stock Units, each representing a contingent right to receive one share of Common Stock. The Restricted Stock Units have a one year cliff vesting period, provided that the director (a) remains a member of the Board on such vesting date, and (b) attends at least 75% of the meetings of the Board which take place between the grant date and the first anniversary of the grant date. Vested shares are delivered within 30 days of the vesting date.
- [F2]Each Restricted Stock Unit was granted on May 12, 2020 for no consideration.