Form 4 for INSM INSMED Inc
Accepted 2024-05-15 00:00:00 ET · period of report 2024-05-13 · accession 0001628280-24-023608 · 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 | 2024-05-15 | 2024-05-13 | INSM | Smith Michael Alexander | CLO | A - Grant | — | +13.3K | 99.7K | +15% | — |
| D | 2024-05-15 | 2024-05-14 | INSM | Smith Michael Alexander | CLO | S - Sale | $25.40 | -5,093 | 94.6K | -5% | -$129.4K |
| D | 2024-05-15 | 2024-05-13 | INSM | Smith Michael Alexander | CLO | A - Grant | $0.00 | +65.2K | 65.2K | New | $0 |
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 | 2024-05-13 | A | A | 13,308 | — | 99,672 | D | — | — | (F1) Represents Restricted Stock Units (RSUs), each representing a contingent right to receive one share of Common Stock, granted pursuant to the Company's Amended and Restated 2019 Incentive Plan, as amended. The RSUs vest as follows: 25% percent on the first day of the first month following the first anniversary of the date of grant (the Initial Vesting Date) and 25% on each anniversary of the Initial Vesting Date until fully vested. (F2) Each RSU was granted on May 13, 2024 for no consideration. |
| 2 | Common | Common Stock | 2024-05-14 | S | D | 5,093 | $25.40 | 94,579 | D | — | — | (F4) This is the weighted average sales price representing 5,093 shares sold at prices ranging from $25.38 to $25.42 per share. The reporting person undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer the number of shares sold at each price within the price range upon request. |
| 3 | Derivative | Stock Option (right to buy) | 2024-05-13 | A | A | 65,230 | $0.00 | 65,230 | D | $25.83 · — to 2034-05-13 | 65,230 Common Stock | (F5) These stock options were granted under the Company's Amended and Restated 2019 Incentive Plan, as amended. The options become exercisable based on the following vesting schedule: 25% vest on the Initial Vesting Date and an additional 12.5% vest every six months thereafter through the fourth anniversary of the Initial Vesting Date. |