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INSMED Inc — Director's Dealing 2021
Jan 6, 2021
30150_dirs_2021-01-06_0a893079-977a-445a-9863-b907bd2c49d1.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: 2020-12-30
Reporting Person: Lewis William (Director, Chair & CEO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-12-30 | Stock Option (right to buy) | $3.40 | G | 30630 | Disposed | 2022-09-10 | Common Stock (30360) | Direct |
| 2020-12-30 | Stock Option (right to buy) | $3.40 | G | 30630 | Acquired | 2022-09-10 | Common Stock (30630) | Indirect |
| 2020-12-30 | Stock Option (right to buy) | $4.55 | G | 186170 | Disposed | 2022-09-28 | Common Stock (186170) | Direct |
| 2020-12-30 | Stock Option (right to buy) | $4.55 | G | 186170 | Acquired | 2022-09-28 | Common Stock (186170) | Indirect |
| 2020-12-30 | Stock Option (right to buy) | $14.24 | G | 55500 | Disposed | 2023-10-31 | Common Stock (55500) | Direct |
| 2020-12-30 | Stock Option (right to buy) | $14.24 | G | 55500 | Acquired | 2023-10-31 | Common Stock (55500) | Indirect |
| 2020-12-30 | Stock Option (right to buy) | $12.58 | G | 50000 | Disposed | 2024-06-02 | Common Stock (50000) | Direct |
| 2020-12-30 | Stock Option (right to buy) | $12.58 | G | 50000 | Acquired | 2024-06-02 | Common Stock (50000) | Indirect |
| 2020-12-30 | Stock Option (right to buy) | $13.67 | G | 175530 | Disposed | 2027-01-05 | Common Stock (175530) | Direct |
| 2020-12-30 | Stock Option (right to buy) | $13.67 | G | 175530 | Acquired | 2027-01-05 | Common Stock (175530) | Indirect |
| 2020-12-30 | Stock Option (right to buy) | $12.44 | G | 83334 | Disposed | 2023-05-23 | Common Stock (83334) | Direct |
| 2020-12-30 | Stock Option (right to buy) | $12.44 | G | 83334 | Acquired | 2023-05-23 | Common Stock (83334) | Indirect |
| 2021-01-04 | Stock Option (right to buy) | $12.44 | J | 83334 | Disposed | 2023-05-23 | Common Stock (83334) | Indirect |
| 2020-12-30 | Stock Option (right to buy) | $12.44 | G | 83333 | Disposed | 2023-05-23 | Common Stock (83333) | Direct |
| 2020-12-30 | Stock Option (right to buy) | $12.44 | G | 83333 | Acquired | 2023-05-23 | Common Stock (83333) | Indirect |
| 2021-01-04 | Stock Option (right to buy) | $12.44 | J | 83333 | Disposed | 2023-05-23 | Common Stock (83333) | Indirect |
| 2020-12-30 | Stock Option (right to buy) | $12.44 | G | 67257 | Disposed | 2023-05-23 | Common Stock (67257) | Direct |
| 2020-12-30 | Stock Option (right to buy) | $12.44 | G | 67257 | Acquired | 2023-05-23 | Common Stock (67257) | Indirect |
| 2021-01-04 | Stock Option (right to buy) | $12.44 | J | 67257 | Disposed | 2023-05-23 | Common Stock (67257) | Indirect |
| 2020-12-30 | Stock Option (right to buy) | $14.24 | G | 57000 | Disposed | 2023-10-31 | Common Stock (57000) | Direct |
| 2020-12-30 | Stock Option (right to buy) | $14.24 | G | 57000 | Acquired | 2023-10-31 | Common Stock (57000) | Indirect |
| 2021-01-04 | Stock Option (right to buy) | $14.24 | J | 57000 | Disposed | 2023-10-31 | Common Stock (57000) | Indirect |
| 2020-12-30 | Stock Option (right to buy) | $10.85 | G | 245950 | Disposed | 2026-05-19 | Common Stock (245950) | Direct |
| 2020-12-30 | Stock Option (right to buy) | $10.85 | G | 245950 | Acquired | 2026-05-19 | Common Stock (245950) | Indirect |
| 2021-01-04 | Stock Option (right to buy) | $10.85 | J | 245950 | Disposed | 2026-05-19 | Common Stock (245950) | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (right to buy) | $12.44 | 2023-05-23 | Common Stock (83334) | 83334 | Indirect |
| Stock Option (right to buy) | $12.44 | 2023-05-23 | Common Stock (83333) | 83333 | Indirect |
| Stock Option (right to buy) | $12.44 | 2023-05-23 | Common Stock (67257) | 67257 | Indirect |
| Stock Option (right to buy) | $14.24 | 2023-10-31 | Common Stock (57000) | 57000 | Indirect |
| Stock Option (right to buy) | $10.85 | 2026-05-19 | Common Stock (245950) | 245950 | Indirect |
Footnotes
F1: The reported transactions involve the reporting person's transfer of options to a family trust, ARTICLE 4 TRUST UNDER WILLIAM LEWIS FAMILY LEGACY TRUST U/A 11/1/2020. Members of the reporting person's immediate family are the sole beneficiaries of the trust.
F2: The options became exercisable based on the following vesting schedule: twenty five percent (25%) vested on the first anniversary of the grant date and an additional twelve and one half percent (12.5%) vested on each sixth month anniversary date thereafter through the fourth anniversary of the date of grant. All options are currently exercisable.
F3: The options were granted on January 9, 2017 and become exercisable based on the following vesting schedule: twenty five percent (25%) vested 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.
F4: The reported transactions involve a gift of securities by the reporting person to his spouse.
F5: These options became exercisable upon the achievement of certain performance criteria.
F6: The reported transactions involve transfers of options from the reporting person's spouse to a family trust, ARTICLE 4 TRUST UNDER KATIE PROCTER DYNASTY TRUST, of which the reporting person is a trustee. The reporting person and members of the reporting person's immediate family are the sole beneficiaries of the trust.