DePietro Ruthann 4
4 · INSULET CORP · Filed Aug 13, 2012
Insider Transaction Report
Form 4
INSULET CORPPODD
DePietro Ruthann
Vice President of Quality
Transactions
- Exercise/Conversion
Common Stock
2012-08-09$6.83/sh+5,000$34,150→ 23,351 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2012-08-09−5,000→ 15,000 totalExercise: $6.83Exp: 2019-02-26→ Common Stock (5,000 underlying) - Sale
Common Stock
2012-08-09$20.00/sh−5,000$100,000→ 18,351 total
Footnotes (4)
- [F1]Includes an aggregate of 531 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; 40 shares acquired on December 30, 2011; and 36 shares acquired on June 29, 2012.
- [F2]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.
- [F3]The sales reported in this Form 4 were effected pursuant to Rule 10b5-1 trading plans adopted by the reporting person on March 7, 2012.
- [F4]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.