Farrar Doug 4
4 · INSMED INC · Filed Apr 2, 2009
Insider Transaction Report
Form 4
INSMED INCINSM
Farrar Doug
Vice President, ITP
Transactions
- Exercise/Conversion
Common Stock
[F1]2009-03-31+184,429→ 488,484 total - Disposition to Issuer
Common Stock
[F1]2009-03-31$1.00/sh−184,429$184,429→ 304,055 total - Award
Common Stock
[F2]2009-03-31+85,966→ 390,021 total - Tax Payment
Common Stock
[F3]2009-03-31$1.00/sh−97,966$97,966→ 292,055 total - Award
Restricted Stock Units
[F2]2009-03-31+50,299→ 379,429 totalExercise: $0.00From: 2009-03-31Exp: 2009-03-31→ Common Stock (50,299 underlying) - Exercise/Conversion
Restricted Stock Units
[F1]2009-03-31−184,429→ 195,000 totalFrom: 2009-03-31Exp: 2009-03-31→ Common Stock (184,429 underlying)
Footnotes (3)
- [F1]Each Restricted Stock Unit was the economic equivalent of one share of Common Stock. The Restricted Stock Units were settled in cash by the Company and not sold on the open market.
- [F2]These shares were granted based on meeting the "Distinguished" performance measure of the original Restricted Stock and Restricted Stock Unit grant dated May 29, 2008.
- [F3]These shares were held back by the Company to settle the appropriate tax payment and not sold on the open market.
Signature
/s/ Doug Farrar|2009-04-02