4//SEC Filing
SULLIVAN PATRICK J 4
Accession 0001127602-18-006485
CIK 0001145197other
Filed
Feb 14, 7:00 PM ET
Accepted
Feb 15, 8:11 PM ET
Size
11.2 KB
Accession
0001127602-18-006485
Insider Transaction Report
Form 4
INSULET CORPPODD
SULLIVAN PATRICK J
DirectorPresident & CEO
Transactions
- Award
Common Stock
2018-02-13+102,530→ 282,107 total - Award
Common Stock
2018-02-14+12,081→ 294,188 total - Award
Employee Stock Option (Right to Buy)
2018-02-14+31,476→ 31,476 totalExercise: $74.50Exp: 2028-02-14→ Common Stock (31,476 underlying)
Holdings
- 100,000(indirect: By Trust)
Common Stock
Footnotes (5)
- [F1]The 102,530 performance share units were granted on February 24, 2016, and the Compensation Committee of the Board of Directors determined on February 13, 2018 that the performance share units were earned based on the performance of the Company. The full award remains subject to time-based vesting in accordance with the following schedule: one-half of the performance share units vest on the second anniversary of the date of grant and one-half of the performance share units vest on the third anniversary of the date of grant. Vested shares will be delivered to the reporting person as soon as practicable following a vesting date.
- [F2]Includes 14,550 restricted stock units granted on March 2, 2015, which vest on March 2, 2018; 15,216 performance share units granted on April 1, 2015, which vest on April 1, 2018; 28,480 restricted stock units granted on February 24, 2016, which vest one-half of the total units on February 24, 2018 and one-half of the total units on February 24, 2019; and 18,033 restricted stock units granted on February 22, 2017, which vest one-third of the total units on February 22, 2018, one-third of the total units on February 22, 2019 and one-third of the total units on February 22, 2020. Vested shares will be delivered to the reporting person as soon as practicable following a vesting date.
- [F3]Includes an aggregate of 2,213 shares acquired under the Insulet Corporation 2007 Employee Stock Purchase Plan on the following dates: 777 shares on December 31, 2015, 674 shares acquired on June 30, 2016 and 762 shares acquired on May 31, 2017.
- [F4]The 12,081 restricted stock units vest one-third of the total units on February 14, 2019, one-third of the total units on February 14, 2020 and one-third of the total units on February 14, 2021, subject to continued employment. Vested shares will be delivered to the reporting person as soon as practicable following a vesting date.
- [F5]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
IncorporatedMA
Related Parties
1- filerCIK 0001039138
Filing Metadata
- Form type
- 4
- Filed
- Feb 14, 7:00 PM ET
- Accepted
- Feb 15, 8:11 PM ET
- Size
- 11.2 KB