INSULET CORP — Director's Dealing 2018

Mar 7, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INSULET CORP (PODD)
CIK: 0001145197
Period of Report: 2018-03-02

Reporting Person: Thomas Bradley A (EVP Human Resources)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-03-02	Common Stock	F	1734	$73.07	Disposed	74078	Direct
2018-03-05	Common Stock	M	6150	$32.51	Acquired	80228	Direct
2018-03-05	Common Stock	F	2650	$75.43	Disposed	77578	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-03-05	Employee Stock Option (Right to Buy)	$32.51	M	6150	Disposed	2025-03-02	Common Stock (6150)	Direct

Footnotes

F1: This transaction represents the withholding of shares received upon the vesting of restricted stock units to cover the associated tax obligations.

F2: Includes 2,271 performance share units granted on April 1, 2015, which vest on April 1, 2018; 3,418 restricted stock units granted on February 24, 2016, which vest on February 24, 2019; 4,328 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; 6,836 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: Includes an aggregate of 1,787 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, 127 shares acquired on November 30, 2016, and 523 shares acquired on November 30, 2017.

F4: Constitutes previously owned shares to cover the exercise price of the option being exercised through a stock swap.

F5: 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.