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INSMED Inc — Director's Dealing 2020
Nov 6, 2020
30150_dirs_2020-11-05_67774cf7-9115-44c5-85e3-00e4ef84a169.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: 2020-05-15
Reporting Person: Pellizzari Christine A (Chief Legal Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-05-15 | Common Stock | F | 1575 | $25.46 | Disposed | 94348 | Direct |
| 2020-11-03 | Common Stock | M | 12683 | $11.14 | Acquired | 107031 | Direct |
| 2020-11-03 | Common Stock | S | 12683 | $32.34 | Disposed | 94348 | Direct |
| 2020-11-03 | Common Stock | M | 10649 | $11.14 | Acquired | 104997 | Direct |
| 2020-11-03 | Common Stock | S | 10649 | $32.36 | Disposed | 94348 | Direct |
| 2020-11-03 | Common Stock | M | 14351 | $11.14 | Acquired | 108699 | Direct |
| 2020-11-03 | Common Stock | S | 14351 | $32.50 | Disposed | 94348 | Direct |
| 2020-11-03 | Common Stock | M | 1000 | $11.14 | Acquired | 95348 | Direct |
| 2020-11-03 | Common Stock | S | 1000 | $32.61 | Disposed | 94348 | Direct |
| 2020-11-03 | Common Stock | M | 11317 | $11.14 | Acquired | 105665 | Direct |
| 2020-11-03 | Common Stock | S | 11317 | $31.87 | Disposed | 94348 | Direct |
| 2020-11-03 | Common Stock | M | 25000 | $11.14 | Acquired | 119348 | Direct |
| 2020-11-03 | Common Stock | S | 25000 | $32.32 | Disposed | 94348 | Direct |
| 2020-11-03 | Common Stock | M | 400 | $11.14 | Acquired | 94748 | Direct |
| 2020-11-03 | Common Stock | S | 400 | $33.10 | Disposed | 94348 | Direct |
| 2020-11-03 | Common Stock | M | 38396 | $11.14 | Acquired | 132744 | Direct |
| 2020-11-03 | Common Stock | S | 38396 | $32.95 | Disposed | 94348 | Direct |
| 2020-11-04 | Common Stock | M | 12311 | $12.58 | Acquired | 106659 | Direct |
| 2020-11-04 | Common Stock | S | 12311 | $34.10 | Disposed | 94348 | Direct |
| 2020-11-04 | Common Stock | M | 2024 | $12.58 | Acquired | 96372 | Direct |
| 2020-11-04 | Common Stock | S | 2024 | $34.55 | Disposed | 94348 | Direct |
| 2020-11-04 | Common Stock | M | 15665 | $12.58 | Acquired | 110013 | Direct |
| 2020-11-04 | Common Stock | S | 15665 | $34.38 | Disposed | 94348 | Direct |
| 2020-11-05 | Common Stock | M | 35904 | $11.14 | Acquired | 130252 | Direct |
| 2020-11-05 | Common Stock | M | 3750 | $20.49 | Acquired | 134002 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-11-03 | Stock Option (right to buy) | $11.14 | M | 12683 | Disposed | 2023-07-30 | Common Stock (12683) | Direct |
| 2020-11-03 | Stock Option (right to buy) | $11.14 | M | 10649 | Disposed | 2023-07-30 | Common Stock (10649) | Direct |
| 2020-11-03 | Stock Option (right to buy) | $11.14 | M | 14351 | Disposed | 2023-07-30 | Common Stock (14351) | Direct |
| 2020-11-03 | Stock Option (right to buy) | $11.14 | M | 1000 | Disposed | 2023-07-30 | Common Stock (1000) | Direct |
| 2020-11-03 | Stock Option (right to buy) | $11.14 | M | 11317 | Disposed | 2023-07-30 | Common Stock (11317) | Direct |
| 2020-11-03 | Stock Option (right to buy) | $11.14 | M | 25000 | Disposed | 2023-07-30 | Common Stock (25000) | Direct |
| 2020-11-03 | Stock Option (right to buy) | $11.14 | M | 400 | Disposed | 2023-07-30 | Common Stock (400) | Direct |
| 2020-11-03 | Stock Option (right to buy) | $11.14 | M | 38696 | Disposed | 2023-07-30 | Common Stock (38696) | Direct |
| 2020-11-04 | Stock Option (right to buy) | $12.58 | M | 12311 | Disposed | 2024-06-02 | Common Stock (12311) | Direct |
| 2020-11-04 | Stock Option (right to buy) | $12.58 | M | 2024 | Disposed | 2024-06-02 | Common Stock (2024) | Direct |
| 2020-11-04 | Stock Option (right to buy) | $12.58 | M | 15665 | Disposed | 2024-06-02 | Common Stock (15665) | Direct |
| 2020-11-05 | Stock Option (right to buy) | $11.14 | M | 35904 | Disposed | 2023-07-30 | Common Stock (35904) | Direct |
| 2020-11-05 | Stock Option (right to buy) | $20.49 | M | 3750 | Disposed | 2024-01-10 | Common Stock (3750) | Direct |
Footnotes
F1: Represents the withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of restricted stock units. This transaction was not reported previously due to a clerical error.
F2: This is the weighted average sales price representing 12,683 shares sold at prices ranging from $32.02 to $32.58 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.
F3: This is the weighted average sales price representing 10,649 shares sold at prices ranging from $32.23 to $32.46 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.
F4: This is the weighted average sales price representing 14,351 shares sold at prices ranging from $32.47 to $32.53 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.
F5: This is the weighted average sales price representing 1,000 shares sold at prices ranging from $32.60 to $32.64 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.
F6: This is the weighted average sales price representing 11,317 shares sold at prices ranging from $31.75 to $32.00 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.
F7: This is the weighted average sales price representing 25,000 shares sold at prices ranging from $32.25 to $32.45 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.
F8: This is the weighted average sales price representing 38,696 shares sold at prices ranging from $32.81 to $33.09 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.
F9: This is the weighted average sales price representing 12,311 shares sold at prices ranging from $34.00 to $34.28 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.
F10: This is the weighted average sales price representing 2,024 shares sold at prices ranging from $34.50 to $34.62 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.
F11: This is the weighted average sales price representing 15,665 shares sold at prices ranging from $34.28 to $34.49 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.
F12: The options became 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.