INSULET CORP — Director's Dealing 2012

Jun 5, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INSULET CORP (PODD)
CIK: 0001145197
Period of Report: 2012-06-01

Reporting Person: CRAWFORD SALLY (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-06-01	Common Stock	A	4000	—	Acquired	12000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-06-01	Stock Option (Right to Buy)	$17.75	A	4000	Acquired	2022-06-01	Common Stock (4000)	Direct

Footnotes

F1: The 4,000 restricted stock units vest 50% of the total units on April 30, 2013, 25% of the total units on April 30, 2014 and 25% of the total units on April 30, 2015, subject to continued service as a director or consultant. Vested shares will be delivered to the reporting person as soon as practicable following a vesting date.

F2: Includes 1,000 restricted stock units granted on June 1, 2010 which fully vest on June 1, 2013, and 2,000 restricted stock units granted on May 12, 2011 which vest 50% of the total units on April 30, 2013 and 50% of the total units on April 30, 2014, subject to continued service as a director or consultant. Vested shares will be delivered to the reporting person as soon as practicable following a vesting date.

F3: This option is subject to a three-year vesting period with 50% of the total award vesting on April 30, 2013, 25% of the total award vesting on April 30, 2014 and 25% of the total award vesting on April 30, 2015, subject to continued service as a director or consultant.