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INSULET CORP — Director's Dealing 2018
Jun 14, 2018
30258_dirs_2018-06-14_de851507-1904-4926-85f6-ab57cbff0f85.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: 2018-06-12
Reporting Person: Spears Michael P (SVP, QA and RA)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-06-12 | Common Stock | M | 1075 | $29.87 | Acquired | 36746 | Direct |
| 2018-06-12 | Common Stock | S | 1075 | $100.00 | Disposed | 35671 | Direct |
| 2018-06-13 | Common Stock | M | 6421 | $29.87 | Acquired | 42092 | Direct |
| 2018-06-13 | Common Stock | S | 6421 | $100.00 | Disposed | 35671 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-06-12 | Employee Stock Option (Right to Buy) | $29.87 | M | 1075 | Disposed | 2025-07-27 | Common Stock (1075) | Direct |
| 2018-06-13 | Employee Stock Option (Right to Buy) | $29.87 | M | 6421 | Disposed | 2025-07-27 | Common Stock (6421) | 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 March 14, 2018, as amended on May 17, 2018.
F2: Includes 4,328 restricted stock units granted on February 22, 2017, which vest as to one-half of the total units on February 22, 2019 and one-half of the total units on February 22, 2020; 7,477 restricted stock units granted on July 27, 2015, which vest on July 27, 2018; 3,418 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; and 4,027 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.