Ebeling Philip 4
4 · Inspire Medical Systems, Inc. · Filed Feb 14, 2023
Insider Transaction Report
Form 4
Ebeling Philip
Chief Operating Officer
Transactions
- Gift
Common Stock
2022-11-18−167→ 243 total - Award
Employee Stock Option (Right to Buy)
2023-02-10+5,450→ 5,450 totalExercise: $263.16Exp: 2033-02-10→ Common Stock (5,450 underlying)
Footnotes (2)
- [F1]Reflects (a) (i) 167 shares acquired under the Inspire Medical Systems, Inc. (the "Company") 2018 Employee Stock Purchase Plan (the "ESPP") on December 31, 2020, (ii) 81 shares acquired under the ESPP on June 30, 2021, (iii) 51 shares acquired under the ESPP on December 31, 2021, (iv) 80 shares acquired under the ESPP on June 30, 2022 and (v) 31 shares acquired under the ESPP on December 31, 2022, minus (b) the 167 shares gifted on November 18, 2022.
- [F2]The option vests and becomes exercisable as to 25% of the underlying shares on the first anniversary of February 10, 2023 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.