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INSMED Inc — Director's Dealing 2015
Mar 27, 2015
30150_dirs_2015-03-27_a9ff00b9-cd32-4484-84fe-9cae9e6e94d3.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: INSMED Inc (INSM)
CIK: 0001104506
Period of Report: 2015-03-26
Reporting Person: SULLIVAN EUGENE JEFFREY (Chief Medical Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-03-26 | Stock Option | $19.47 | A | 100000 | Acquired | 2026-03-26 | Common Stock (100000) | Direct |
Footnotes
F1: In connection with the appointment of Dr. Sullivan, the Company made an inducement grant of stock options to Dr. Sullivan to purchase a total of 100,000 shares of the Company's common stock. The options become exercisable based on the following vesting schedule: twenty-five percent (25%) on the first anniversary of the date of grant and an additional twelve and one-half percent (12.5%) vest on the six month anniversary of the first anniversary of the date of grant and each six month anniversary date thereafter through the fourth anniversary of the date of grant.