SORIANO JOHN 4
4 · INSMED Inc · Filed Mar 12, 2021
Insider Transaction Report
Form 4
INSMED IncINSM
SORIANO JOHN
Chief Compliance Officer
Transactions
- Exercise/Conversion
Common Stock
2021-03-11$30.86/sh+23,717$731,907→ 53,490 total - Sale
Common Stock
2021-03-11$40.00/sh−23,717$948,680→ 29,773 total - Exercise/Conversion
Stock Option (right to buy)
2021-03-11−23,717→ 12,550 totalExercise: $30.86Exp: 2028-01-22→ Common Stock (23,717 underlying)
Footnotes (2)
- [F1]This is the weighted average sales price representing the shares sold at prices ranging from $40.00 to $40.01 per share. The reporting person undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer the number of shares sold at each price within the price range upon request.
- [F2]The options become exercisable based on the following vesting schedule: twenty five percent (25%) vest on the first anniversary of the grant date and an additional twelve and one half percent (12.5%) vest on each sixth month anniversary date thereafter through the fourth anniversary of the date of grant.