Spears Michael P 4
4 · INSULET CORP · Filed Nov 7, 2022
Insider Transaction Report
Form 4
INSULET CORPPODD
Spears Michael P
SVP, Quality and Regulatory
Transactions
- Exercise/Conversion
Common Stock
2022-11-04$46.22/sh+6,290$290,724→ 22,450 total - Sale
Common Stock
2022-11-04$308.99/sh−13,658$4,220,185→ 8,792 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2022-11-04−6,290→ 10,768 totalExercise: $46.22Exp: 2027-02-22→ Common Stock (6,290 underlying)
Footnotes (3)
- [F1]The transactions reported in this Form 4 were effected pursuant to an existing Rule 10b5-1 trading plan.
- [F2]The price reported represents the weighted average sale price of the shares sold. The shares were sold at varying prices in the range of $306.38 to $320. Specifically:7,368 shares were sold at a price of $306.38; 5,000 shares were sold at a price of $310; and 1,290 shares were sold at a price of $320. 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 information regarding the number of shares sold at each separate price.
- [F3]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.