Ebeling Philip 4
4 · Inspire Medical Systems, Inc. · Filed Feb 13, 2024
Insider Transaction Report
Form 4
Ebeling Philip
Chief Operating Officer
Transactions
- Award
Common Stock
2024-02-09+2,694→ 3,027 total - Award
Employee Stock Option (Right to Buy)
2024-02-09+4,376→ 4,376 totalExercise: $194.87Exp: 2034-02-09→ Common Stock (4,376 underlying)
Footnotes (3)
- [F1]Represents an award of restricted stock units, which vests in three equal annual installments commencing on February 9, 2025. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock, subject to the Reporting Person's continuous employment with the Issuer through the relevant vesting dates.
- [F2]Includes (i) 58 shares acquired under the Issuer's 2018 Employee Stock Purchase Plan (the "Plan") on June 30, 2023 and (ii) 32 shares acquired under the Plan on December 31, 2023.
- [F3]The option vests and becomes exercisable as to 25% of the underlying shares on February 9, 2025. The remaining 75% of the underlying shares will vest and become exercisable in 36 equal monthly installments thereafter, subject to the Reporting Person's continuous employment with the Issuer through the relevant vesting dates.