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INSMED Inc — Director's Dealing 2024
Dec 20, 2024
30150_dirs_2024-12-20_b684abb8-56f0-44de-8422-f3d6dccdc4c5.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: 2024-12-19
Reporting Person: Lewis William (Director, Chair and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-12-19 | Common Stock | M | 18750 | $22.76 | Acquired | 403710 | Direct |
| 2024-12-19 | Common Stock | S | 13162 | $69.65 | Disposed | 390548 | Direct |
| 2024-12-19 | Common Stock | S | 5588 | $70.52 | Disposed | 384960 | Direct |
| 2024-12-19 | Common Stock | M | 6830 | $10.85 | Acquired | 240754 | Indirect |
| 2024-12-19 | Common Stock | S | 5240 | $69.71 | Disposed | 235514 | Indirect |
| 2024-12-19 | Common Stock | S | 1590 | $70.61 | Disposed | 233924 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-12-19 | Stock Option (right to buy) | $22.76 | M | 18750 | Disposed | 2025-05-21 | Common Stock (18750) | Direct |
| 2024-12-19 | Stock Option (right to buy) | $10.85 | M | 6830 | Disposed | 2026-05-19 | Common Stock (6830) | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 50500 | Indirect |
Footnotes
F1: This transaction was 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: This is the weighted average sales price representing 13,162 shares sold at prices ranging from $69.22 to $70.22 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: This is the weighted average sales price representing 5,588 shares sold at prices ranging from $70.23 to $70.91 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: This is the weighted average sales price representing 5,240 shares sold at prices ranging from $69.28 to $70.27 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.
F5: This is the weighted average sales price representing 1,590 shares sold at prices ranging from $70.36 to $70.91 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.
F6: The options became exercisable based on the following vesting schedule: 25% vested on the first anniversary of the grant date and an additional 12.5% vested on each sixth month anniversary date thereafter through the fourth anniversary of the date of grant. All options are currently exercisable.