INSULET CORP — Director's Dealing 2017

May 12, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INSULET CORP (PODD)
CIK: 0001145197
Period of Report: 2017-05-11

Reporting Person: Thomas Bradley A (EVP Human Resources)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-05-11	Common Stock	P	3000	$38.6923	Acquired	63778	Direct

Footnotes

F1: The price reported represents the weighted average purchase price of the shares purchased. The shares were purchased at varying prices in the range of $38.5000 to $38.7307. The Reporting Person hereby undertakes, upon request of the Staff of the U.S. Securities Exchange Commission, the Issuer or a security holder of the Issuer, to provide full information regarding the number of shares purchased at each separate price.

F2: Includes 6,061 restricted stock units granted on December 1, 2014, which vest on December 1, 2017; 4,102 restricted stock units granted on March 2, 2015, which vest on March 2, 2018; 2,271 performance share units granted on April 1, 2015, which vest on April 1, 2018; 6,836 restricted stock units granted on February 24, 2016, which vest one-half of the total units on February 24, 2018 and one-half of the total units on February 24, 2019; and 6,491 restricted stock units granted on February 22, 2017, which vest one-third of the total units on February 22, 2018, and one-third of the total units on February 22, 2019, and one-third of the total units on February 22, 2020 , subject to continued employment. Vested shares will be delivered to the reporting person as soon as practicable following a vesting date.

F3: Includes an aggregate of 1,264 shares purchased under the Insulet Corporation 2007 Employee Stock Purchase Plan on the following dates: 569 shares acquired on December 31, 2015; 568 shares acquired on June 30, 2016; and 127 shares acquired on November 30, 2016.