SEC Form 4 · accession 0001127430-15-000032
INSMED Inc · INSM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Lewis
Officer — President & CEO · Director
Period of report
Feb 26, 2015
Accepted (ET)
Feb 27, 2015 · 4:11 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001104506
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF1 | $12.44 | Feb 26, 2015 | A | 83,334 | A | Feb 26, 2015 | May 23, 2023 | Common Stock | 83,334 | 83,334 | D |
Explanation of responses
- F1On May 23, 2013, the reporting person was granted an option to purchase 166,667 shares of common stock. The option vests in two nearly equal installments based upon the Issuer's satisfaction of two separate performance metrics. One such performance metric was met by the Issuer on February 26, 2015, resulting in vesting of the option as to 83,334 shares.