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INSMED Inc — Director's Dealing 2022
Jul 8, 2022
30150_dirs_2022-07-08_d2edb9e3-b717-46fe-b26c-359444e85658.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: 2022-07-07
Reporting Person: Lewis William (Director, Chair and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-07-07 | Common Stock | M | 96614 | $16.16 | Acquired | 353330 | Direct |
| 2022-07-07 | Common Stock | S | 96614 | $23 | Disposed | 256716 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-07-07 | Stock Option (right to buy) | $16.16 | M | 96614 | Disposed | 2026-01-07 | Common Stock (96614.0) | Direct |
Footnotes
F1: The transactions reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
F2: Includes 888 shares acquired through the Company's 2018 Employee Stock Purchase Plan.
F3: This is the weighted average sales price representing 96,614 shares sold at prices ranging from $23.00 to $23.03 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: 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.