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INSULET CORP — Director's Dealing 2017
Feb 25, 2017
30258_dirs_2017-02-24_754b76c4-e943-4894-b82a-ed4f0b585dad.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: INSULET CORP (PODD)
CIK: 0001145197
Period of Report: 2017-02-22
Reporting Person: SULLIVAN PATRICK J (Director, CEO and Chairman of the Board)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-22 | Common Stock | A | 18033 | — | Acquired | 279577 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-02-22 | Employee Stock Option (Right to Buy) | $46.22 | A | 47394 | Acquired | 2027-02-22 | Common Stock (47394) | Direct |
Footnotes
F1: The 18,033 restricted stock units 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.
F2: Includes 29,100 restricted stock units granted on March 2, 2015, which vest one-half of the total units on March 2, 2017 and one-half of the total units on March 2, 2018; 30,432 performance share units granted on April 1, 2015, which vest one-half of the total performance share units on April 1, 2017 and one-half of the total performance share units on April 1, 2018; and 28,480 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. Vested shares will be delivered to the reporting person as soon as practicable following a vesting date.
F3: Includes an aggregate of 1,451 shares acquired under the Insulet Corporation 2007 Employee Stock Purchase Plan on the following dates: 777 shares on December 31, 2015 and 674 shares acquired on June 30, 2016.
F4: This option is subject to a four-year vesting period, with 25% of the total award vesting one year after the grant date and the remainder vesting in equal quarterly installments each quarter thereafter for 12 quarters, subject to continued employment.