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INSMED Inc — Director's Dealing 2023
Jan 6, 2023
30150_dirs_2023-01-06_568e71b4-a45e-4a48-8dfe-2d80857bc20f.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: 2023-01-05
Reporting Person: Wise John Drayton (Chief Commercial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-01-05 | Common Stock | S | 1160 | $19.74 | Disposed | 70453 | Direct |
| 2023-01-05 | Common Stock | A | 7598 | — | Acquired | 78051 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-01-05 | Stock Option (right to buy) | $19.74 | A | 34860 | Acquired | 2033-01-05 | Common Stock (34860.0) | Direct |
Footnotes
F1: Shares sold to satisfy withholding tax obligations upon the vesting of Restricted Stock Units and to cover related broker fees.
F2: Represents Restricted Stock Units, each representing a contingent right to receive one share of Common Stock, granted pursuant to the Company's 2019 Incentive Plan. The Restricted Stock Units vest and become available as follows: twenty five (25%) percent on each anniversary of the date of grant through the fourth anniversary date of the date of grant.
F3: Each Restricted Stock Unit was received as a grant on January 5, 2023, for no consideration.
F4: Stock options granted under the Company's 2019 Incentive Plan. 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 date of the date of grant.