INSMED Inc — Director's Dealing 2021

Mar 11, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INSMED Inc (INSM)
CIK: 0001104506
Period of Report: 2021-03-09

Reporting Person: SORIANO JOHN (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-09	Common Stock	M	13433	$30.86	Acquired	43206	Direct
2021-03-09	Common Stock	S	13433	$40.38	Disposed	29773	Direct
2021-03-09	Common Stock	M	17349	$13.91	Acquired	47122	Direct
2021-03-09	Common Stock	S	17349	$40.38	Disposed	29773	Direct
2021-03-09	Common Stock	M	14130	$23.75	Acquired	43903	Direct
2021-03-09	Common Stock	S	14130	$40.38	Disposed	29773	Direct
2021-03-10	Common Stock	M	500	$30.86	Acquired	30273	Direct
2021-03-10	Common Stock	S	500	$40	Disposed	29773	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-09	Stock Option (right to buy)	$30.86	M	13433	Disposed	2028-01-22	Common Stock (13433)	Direct
2021-03-09	Stock Option (right to buy)	$13.91	M	17349	Disposed	2029-01-03	Common Stock (17349)	Direct
2021-03-09	Stock Option (right to buy)	$23.75	M	14130	Disposed	2030-01-03	Common Stock (14130)	Direct
2021-03-10	Stock Option (right to buy)	$30.86	M	500	Disposed	2028-01-22	Common Stock (500)	Direct

Footnotes

F1: This is the weighted average sales price representing the shares sold at prices ranging from $40.00 to $40.61 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: 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.

F3: 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.