Form 4 for INSM INSMED Inc

Accepted 2023-01-06 00:00:00 ET · period of report 2023-01-05 · accession 0001870278-23-000001 · 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	2023-01-06	2023-01-05	INSM	Smith Michael Alexander	GC, Senior VP	A - Grant	—	+6,332	56.2K	+13%	—
D	2023-01-06	2023-01-05	INSM	Smith Michael Alexander	GC, Senior VP	S - Sale	$19.72	-720	49.8K	-1%	-$14.2K
D	2023-01-06	2023-01-05	INSM	Smith Michael Alexander	GC, Senior VP	A - Grant	$0.00	+29.1K	29.1K	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	2023-01-05	A	A	6,332	—	56,168	D	—	—	(F3) 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. (F4) Each Restricted Stock Unit was received as a grant on January 5, 2023, for no consideration.
2	Common	Common Stock	2023-01-05	S	D	720	$19.72	49,836	D	—	—	(F2) Includes 101 shares acquired through the Company's 2018 Employee Stock Purchase Plan.
3	Derivative	Stock Option (right to buy)	2023-01-05	A	A	29,050	$0.00	29,050	D	$19.74 · — to 2033-01-05	29,050 Common Stock	(F5) 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 of the date of grant.