INSULET CORP — Director's Dealing 2011

Jan 11, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INSULET CORP (PODD)
CIK: 0001145197
Period of Report: 2011-01-10

Reporting Person: LIAMOS CHARLES T (Director, Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-01-10	Common Stock	A	100000	—	Acquired	112000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-01-10	Employee Stock Option (Right to Buy)	$15.82	A	200000	Acquired	2021-01-10	Common Stock (200000)	Direct

Footnotes

F1: The 100,000 restricted stock units vest one-third of the total units on December 31, 2011, one-third on December 31, 2012 and one-third on December 31, 2013. Vested shares will be delivered to the reporting person as soon as practicable following a vesting date.

F2: This option is subject to a four-year vesting period, with 25% of the total award vesting on December 31, 2011 and the remainder vesting in equal quaterly installments each quarter thereafter for 12 quarters, subject to continued employment.