4//SEC Filing
DePietro Ruthann 4
Accession 0001127602-12-020028
CIK 0001145197other
Filed
Jun 12, 8:00 PM ET
Accepted
Jun 13, 4:48 PM ET
Size
14.1 KB
Accession
0001127602-12-020028
Insider Transaction Report
Form 4
INSULET CORPPODD
DePietro Ruthann
Vice President of Quality
Transactions
- Exercise/Conversion
Common Stock
2012-06-11$6.83/sh+5,000$34,150→ 27,602 total - Sale
Common Stock
2012-06-11$19.96/sh−9,287$185,333→ 18,315 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2012-06-11−2,467→ 16,674 totalExercise: $5.94Exp: 2016-03-06→ Common Stock (2,467 underlying) - Exercise/Conversion
Employee Stock Option (Right to Buy)
2012-06-11−5,000→ 25,000 totalExercise: $6.83Exp: 2019-02-26→ Common Stock (5,000 underlying) - Exercise/Conversion
Common Stock
2012-06-11$5.94/sh+2,467$14,654→ 22,602 total
Footnotes (6)
- [F1]Includes 2,667 restricted stock units granted on March 1, 2010 which vest on March 1, 2013; 5,334 restricted stock units granted on March 1, 2011 which vest one-half of the total units on March 1, 2013 and one-half of the total units on March 1, 2014; and 8,000 restricted stock units granted on April 1, 2012 which vest one-quarter of the total units on April 1, 2013, one-quarter of the total units on April 1, 2014, one-quarter of the total units on April 1, 2015 and one-quarter of the total units on April 1, 2016. Vested shares will be delivered to the reporting person as soon as practiable following a vesting date.
- [F2]Includes an aggregate of 495 shares acquired under the Insulet Corporation 2007 Employee Stock Purchase Plan: 20 shares acquired on December 31, 2007; 48 shares acquired on June 30, 2008; 100 shares acquired on December 31, 2008; 99 shares acquired on June 30, 2009; 53 shares acquired on December 31, 2009; 51 shares acquired on June 30, 2010; 49 shares acquired on December 31, 2010; 35 shares acquired on June 30, 2011; and 40 shares acquired on December 30, 2011.
- [F3]The sales reported in this Form 4 were effected pursuant to Rule 10b5-1 trading plans adopted by the reporting person on June 16, 2011 and March 7, 2012.
- [F4]The price reported represents the weighted average sale price of the shares sold. The shares were sold at varying prices in the range of $19.54 to $20.05. The Reporting Person hereby undertakes, upon request of the Staff of the U.S. Securities Exchange Commission, the Issuer or a security holder of the Issuer, to provide full informaiton regarding the number of shares sold at each separate price.
- [F5]This option may be exercised at any time, whether vested or not, but, upon termination of employment, we may repurchase any unvested shares at the exercise price paid for the shares. This option is subject to a four-year vesting period, with 25% of the total award vesting one year after the grant date and the remainder vesting in equal monthly installments each month thereafter for 36 months, subject to continued employment.
- [F6]This option is subject to a four-year vesting period, with 25% of the total award vesting one year after the grant date and the remainder vesting in equal quarterly installments each quarter thereafter for 12 quarters, subject to continued employment.
Documents
Issuer
INSULET CORP
CIK 0001145197
Entity typeother
Related Parties
1- filerCIK 0001395780
Filing Metadata
- Form type
- 4
- Filed
- Jun 12, 8:00 PM ET
- Accepted
- Jun 13, 4:48 PM ET
- Size
- 14.1 KB