SEC Form 4 · accession 0001127430-19-000020
INSMED Inc · INSM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Orlov S Nicole Schaeffer
Officer — Chief People Strategy Officer
Period of report
Jan 3, 2019
Accepted (ET)
Jan 7, 2019 · 4:10 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001104506
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 4, 2019 | F | 979 | $14.85 | D | 9,690 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF2 | $13.91 | Jan 3, 2019 | A | 157,290 | A | — | Jan 3, 2029 | Common Stock | 157,290 | 157,290 | D |
Explanation of responses
- F1Shares withheld by the Company to satisfy tax withholding requirements on vesting of time-based restricted stock units.
- F2Stock options granted under the Company's 2017 Incentive Plan. The options become exercisable based on the following vesting schedule: twenty five percent (25%) 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.