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INSMED Inc — Director's Dealing 2021
May 14, 2021
30150_dirs_2021-05-14_8501837c-ce13-4a56-9244-90a90bcf2d6f.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: 2021-01-12
Reporting Person: SHAROKY MELVIN MD (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-01-12 | Common Stock | G | 2541 | — | Disposed | 230349 | Direct |
| 2021-01-21 | Common Stock | G | 847 | — | Disposed | 229502 | Direct |
| 2021-01-21 | Common Stock | G | 847 | — | Acquired | 847 | Indirect |
| 2021-01-21 | Common Stock | G | 184 | — | Disposed | 229318 | Direct |
| 2021-01-21 | Common Stock | G | 184 | — | Acquired | 184 | Indirect |
| 2021-05-12 | Common Stock | A | 7558 | — | Acquired | 236876 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 5900 | Indirect |
| Common Stock | 7714 | Indirect |
Footnotes
F1: The reported transactions involved a gift of securities by the Reporting Person to his spouse.
F2: The reported transactions involved a gift of securities by the Reporting Person to an investment account, Melvin Sharoky C/F Sophie C. Wink UTMA/FL, for the benefit of the Reporting Person's granddaughter. The Reporting Person is the custodian of Melvin Sharoky C/F Sophie C. Wink UTMA/FL.
F3: The Reporting Person is a managing member of Baby Gator LLC.
F4: The Reporting Person is Chairman of The Sharoky Family Foundation, Inc. and is one of three individuals who currently share voting and investment power over the shares held by The Sharoky Family Foundation, Inc. The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
F5: Represents Restricted Stock Units, each representing a contingent right to receive one share of Common Stock. The Restricted Stock Units have a one year cliff vesting period, provided that the director (a) remains a member of the Board on such vesting date, and (b) attends at least 75% of the meetings of the Board which take place between the grant date and the first anniversary of the grant date. Vested shares are delivered within 30 days of the vesting date.
F6: Each Restricted Stock Unit was granted on May 12, 2021 for no consideration.