Form 4 for INSM INSMED Inc

Accepted 2024-01-05 00:00:00 ET · period of report 2024-01-04 · accession 0001628280-24-000697 · 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
D	2024-01-05	2024-01-05	INSM	Smith Michael Alexander	GC, Senior VP	S - Sale	$29.31	-627	88.7K	-0.7%	-$18.4K
D	2024-01-05	2024-01-04	INSM	Smith Michael Alexander	GC, Senior VP	A - Grant	—	+11.8K	89.4K	+15%	—
D	2024-01-05	2024-01-04	INSM	Smith Michael Alexander	GC, Senior VP	A - Grant	$0.00	+58.3K	58.3K	New	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2024-01-05	S	D	627	$29.31	88,737	D	—	—
2	Common	Common Stock	2024-01-04	A	A	11,800	—	89,364	D	—	—	(F1) Represents Restricted Stock Units, each representing a contingent right to receive one share of Common Stock, granted pursuant to the Company's Amended and Restated 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 the grant. (F2) Each Restricted Stock Unit was received as a grant on January 4, 2024, for no consideration. (F3) Includes 422 shares acquired through the Company's 2018 Employee Stock Purchase Plan.
3	Derivative	Stock Option (right to buy)	2024-01-04	A	A	58,260	$0.00	58,260	D	$29.13 · — to 2034-01-04	58,260 Common Stock	(F5) Stock options granted under the Company's Amended and Restated 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.