INSULET CORP — Director's Dealing 2021

Feb 19, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INSULET CORP (PODD)
CIK: 0001145197
Period of Report: 2021-02-17

Reporting Person: Spears Michael P (SVP, RA and Compliance)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-17	Common Stock	A	625	—	Acquired	9070	Direct
2021-02-17	Common Stock	A	3617	—	Acquired	12687	Direct
2021-02-17	Common Stock	F	1323	$279.69	Disposed	11364	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-17	Employee Stock Option (Right to Buy)	$279.69	A	1821	Acquired	2031-02-17	Common Stock (1821)	Direct

Footnotes

F1: Annual Restricted Stock Unit ("RSU") award. RSUs vest in equal installments on each of the first, second and third anniversaries of the grant date and are settled in shares of common stock on a one-for-one basis.

F2: The Performance Share Units ("PSUs") were granted on February 13, 2018, and the Compensation Committee of the Board of Directors determined on February 17, 2021 that the PSUs were earned based on the performance of the Company. The PSUs were settled in shares of common stock on a one-for-one basis.

F3: This transaction represents the withholding of shares upon the vesting of performance share units to cover the associated tax obligations.

F4: Annual Non-Qualified Stock Option ("Option") Award. The Options become exercisable in substantially equal installments on each of the first, second, third and fourth anniversaries of the grant date.