4//SEC Filing
INSULET CORP 4
Accession 0001127602-14-010268
$PODDCIK 0001145197operating
Filed
Mar 4, 7:00 PM ET
Accepted
Mar 5, 4:22 PM ET
Size
12.1 KB
Accession
0001127602-14-010268
Insider Transaction Report
Form 4
INSULET CORPPODD
Devlin Peter
Chief Commercial Officer
Transactions
- Tax Payment
Common Stock
2014-03-01$47.41/sh−7,814$370,462→ 72,267 total - Award
Employee Stock Option (Right to Buy)
2014-03-03+6,500→ 6,500 totalExercise: $47.32Exp: 2024-03-03→ Common Stock (6,500 underlying) - Award
Common Stock
2014-03-01+17,000→ 80,081 total - Award
Common Stock
2014-03-03+10,000→ 82,267 total
Footnotes (6)
- [F1]The 17,000 performance share units were granted on March 1, 2013, and the Compensation Committee of the Board of Directors subsequently determined the performance share units were earned based on the performance of the Company. 5,666 performance share units vested on March 1, 2014, and the remaining 11,334 performance share units vest one-half of the total units on March 1, 2015 and one-half of the total units on March 1, 2016. Vested shares will be delivered to the reporting person as soon as practicable following a vesting date.
- [F2]Includes 16,500 restricted stock units granted on April 1, 2012 which vest one-third of the total units on April 1, 2014, one-third of the total units on April 1, 2015 and one-third of the total units on April 1, 2016; and 12,600 restricted stock units granted on March 1, 2013 which vest one-third of the total units on March 1, 2015, one-third of the total units on March 1, 2016 and one-third of the total units on March 1, 2017. Vested shares will be delivered to the reporting person as soon as practicable following a vesting date.
- [F3]This transaction represents the withholding of shares received upon the vesting of restricted stock units and performance share units to cover the associated tax obligations.
- [F4]Includes 16,500 restricted stock units granted on April 1, 2012 which vest one-third of the total units on April 1, 2014, one-third of the total units on April 1, 2015 and one-third of the total units on April 1, 2016; 12,600 restricted stock units granted on March 1, 2013 which vest one-third of the total units on March 1, 2015, one-third of the total units on March 1, 2016 and one-third of the total units on March 1, 2017; and 11,334 performance share units granted on March 1, 2013 which vest one-half of the total units on March 1, 2015 and one-half of the total units on March 1, 2016. Vested shares will be delivered to the reporting person as soon as practicable following a vesting date.
- [F5]The 10,000 restricted stock units vest one-third of the total units on March 3, 2015, one-third of the total units on March 3, 2016 and one-third of the total units on March 3, 2017. Vested shares will be delivered to the reporting person as soon as practicable following a vesting date.
- [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 typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001145197
Filing Metadata
- Form type
- 4
- Filed
- Mar 4, 7:00 PM ET
- Accepted
- Mar 5, 4:22 PM ET
- Size
- 12.1 KB