SORIANO JOHN 4
4 · INSMED Inc · Filed May 14, 2021
Insider Transaction Report
Form 4
INSMED IncINSM
SORIANO JOHN
Chief Compliance Officer
Transactions
- Award
Stock Option (right to buy)
2021-05-12+34,320→ 34,320 totalExercise: $26.46Exp: 2031-05-12→ Common Stock (34,320 underlying) - Award
Common Stock
2021-05-12+7,086→ 36,859 total
Footnotes (3)
- [F1]Represents Restricted Stock Units, each representing a contingent right to receive one share of Common Stock, granted pursuant to the Company's 2019 Incentive Plan. The Restricted Stock Units vest and become available as follows: twenty five (25%) percent on each anniversary of the date of grant through the fourth anniversary date of the grant.
- [F2]Each Restricted Stock Unit was received as a grant on May 12, 2021, for no consideration.
- [F3]Stock options granted under the Company's 2019 Incentive Plan. 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.