Form 4 for INSM INSMED Inc
Accepted 2023-05-15 00:00:00 ET · period of report 2023-05-11 · accession 0001628280-23-018171 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2023-05-15 | 2023-05-12 | INSM | Lewis William | COB, CEO, Dir | M - OptEx | $12.44 | +233.9K | 67.3K | New | +$2.91M |
| D | 2023-05-15 | 2023-05-11 | INSM | Lewis William | COB, CEO, Dir | A - Grant | — | +93.1K | 358.2K | +35% | — |
| D | 2023-05-15 | 2023-05-11 | INSM | Lewis William | COB, CEO, Dir | A - Grant | $0.00 | +430.1K | 430.1K | New | $0 |
| DMI | 2023-05-15 | 2023-05-12 | INSM | Lewis William | COB, CEO, Dir | M - OptEx | $12.44 | +233.9K | 0 | New | +$2.91M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-05-12 | M | A | 83,334 | $12.44 | 233,924 | I | — | — | |
| 2 | Common | Common Stock | 2023-05-12 | M | A | 83,333 | $12.44 | 150,590 | I Indirect | — | — | (F3) By ARTICLE 4 TRUST UNDER KATIE PROCTER DYNASTY TRUST, of which the reporting person is a trustee. The reporting person and members of the reporting person's immediate family are the sole beneficiaries of the trust. |
| 3 | Common | Common Stock | 2023-05-12 | M | A | 67,257 | $12.44 | 67,257 | I Indirect | — | — | (F3) By ARTICLE 4 TRUST UNDER KATIE PROCTER DYNASTY TRUST, of which the reporting person is a trustee. The reporting person and members of the reporting person's immediate family are the sole beneficiaries of the trust. |
| 4 | Common | Common Stock | 2023-05-11 | A | A | 93,139 | — | 358,206 | D Indirect | — | — | (F1) Represents Restricted Stock Units, each representing a contingent right to receive one share of Common Stock, granted pursuant to the Company's 2019 Incentive Plan. The Restricted Stock Units vest and become available as follows: twenty five (25%) percent on each anniversary of the date of grant through the fourth anniversary date of the date of grant. (F2) Each Restricted Stock Unit was received as a grant on May 11, 2023, for no consideration. (F3) By ARTICLE 4 TRUST UNDER KATIE PROCTER DYNASTY TRUST, of which the reporting person is a trustee. The reporting person and members of the reporting person's immediate family are the sole beneficiaries of the trust. |
| 5 | Derivative | Stock Option (right to buy) | 2023-05-11 | A | A | 430,140 | $0.00 | 430,140 | D By ARTICLE 4 TRUST UNDER KATIE PROCTER DYNASTY TRUST | $18.95 · — to 2033-05-11 | 430,140 Common Stock | (F4) Stock options granted under the Company's 2019 Incentive Plan. The options become exercisable based on the following vesting schedule: twenty five percent (25%) vest on the first anniversary of the grant date and an additional twelve and one half percent (12.5%) vest on each sixth month anniversary date thereafter through the fourth anniversary date of the date of grant. |
| 6 | Derivative | Stock Option (right to buy) | 2023-05-12 | M | A | 67,257 | $12.44 | 0 | I By ARTICLE 4 TRUST UNDER KATIE PROCTER DYNASTY TRUST | $12.44 · — to 2023-05-23 | 67,257 Common Stock | (F5) The options became exercisable based on the following vesting schedule: twenty five percent (25%) vested on the first anniversary of the grant date and an additional twelve and one half percent (12.5%) vested on each sixth month anniversary date thereafter through the fourth anniversary of the date of grant. All options are currently exercisable. |
| 7 | Derivative | Stock Option (right to buy) | 2023-05-12 | M | A | 83,334 | $12.44 | 0 | I By ARTICLE 4 KATIE PROCTER DYNASTY TRUST | $12.44 · — to 2023-05-23 | 83,334 Common Stock | (F5) The options became exercisable based on the following vesting schedule: twenty five percent (25%) vested on the first anniversary of the grant date and an additional twelve and one half percent (12.5%) vested on each sixth month anniversary date thereafter through the fourth anniversary of the date of grant. All options are currently exercisable. |
| 8 | Derivative | Stock Option | 2023-05-12 | M | A | 83,333 | $12.44 | 0 | I | $12.44 · — to 2023-05-23 | 83,333 Common Stock | (F5) The options became exercisable based on the following vesting schedule: twenty five percent (25%) vested on the first anniversary of the grant date and an additional twelve and one half percent (12.5%) vested on each sixth month anniversary date thereafter through the fourth anniversary of the date of grant. All options are currently exercisable. |