Phillips Bryan K 4
4 · Inspire Medical Systems, Inc. · Filed Feb 2, 2021
Insider Transaction Report
Form 4
Phillips Bryan K
See Remarks
Transactions
- Award
Common Stock
2021-01-29+2,275→ 2,275 total - Award
Employee Stock Option (Right to Buy)
2021-01-29+15,000→ 15,000 totalExercise: $201.51Exp: 2031-01-29→ Common Stock (15,000 underlying)
Footnotes (2)
- [F1]Represents restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Common Stock. The RSUs vest in four equal installments on each of the first through fourth anniversaries of January 29, 2021, subject to the Reporting Person's continued employment with the Issuer through each applicable vesting date.
- [F2]The option vests and becomes exercisable as to 25% of the underlying shares on the first anniversary of January 29, 2021 and the remaining 75% of the underlying shares in 36 equal monthly installments thereafter, subject to the Reporting Person's continuous employment with the Issuer through the relevant vesting dates.