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INSULET CORP — Director's Dealing 2018
Nov 15, 2018
30258_dirs_2018-11-15_be9793db-01cd-4f2c-a797-efe20c54a0f1.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: 2018-11-14
Reporting Person: Colleran David (SVP, Secretary and GC)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-11-14 | Common Stock | M | 1849 | $30.98 | Acquired | 35891 | Direct |
| 2018-11-14 | Common Stock | M | 4264 | $46.22 | Acquired | 40155 | Direct |
| 2018-11-14 | Common Stock | S | 6113 | $80.41 | Disposed | 34042 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-11-14 | Employee Stock Option (Right to Buy) | $30.98 | M | 1849 | Disposed | 2025-06-29 | Common Stock (1849) | Direct |
| 2018-11-14 | Employee Stock Option (Right to Buy) | $46.22 | M | 4264 | Disposed | 2027-02-22 | Common Stock (4264) | Direct |
Footnotes
F1: The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 14, 2018.
F2: Includes 2,279 restricted stock units granted on February 24, 2016, which vest on February 24, 2019; 5,982 performance share units granted on February 24, 2016, which vest on February 24, 2019; 2,885 restricted stock units granted on February 22, 2017, which vest one-half of the total units on February 22, 2019 and one-half of the total units on February 22, 2020; and 2,685 restricted stock units granted on February 14, 2018, which vest as to one-third of the total units on February 14, 2019, one-third of the total units on February 14, 2020 and one-third of the total units on February 14, 2021, subject to continued employment. Vested shares will be delivered to the reporting person as soon as practicable following a vesting date.
F3: 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.
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.