SEC Form 4 · accession 0001127602-15-010185
INSULET CORP · PODD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patrick Ryan
Officer — Chief Operating Officer
Period of report
Mar 2, 2015
Accepted (ET)
Mar 4, 2015 · 6:59 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001145197
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Mar 2, 2015 | A | 12,304 | $0.00 | A | 44,321 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F3 | $32.51 | Mar 2, 2015 | A | 17,528 | A | — | Mar 2, 2025 | Common Stock | 17,528 | 17,528 | D |
Explanation of responses
- F1The 12,304 restricted stock units vest one-third of the total units on March 2, 2016, one-third of the total units on March 2, 2017 and one-third of the total units on March 2, 2018, subject to continued employment. Vested shares will be delivered to the reporting person as soon as practicable following a vesting date.
- F2Includes 26,250 restricted stock units that vest one-third of the total units on February 3, 2016, one-third of the total units on February 3, 2017 and one-third of the total units on February 3, 2018. Vested shares will be delivered to the reporting person as soon as practicable following a vesting date.
- F3This option is subject to a four-year vesting period, with 25% of the total award vesting one year after the grant date and the remainder vesting in equal quarterly installments each quarter thereafter for 12 quarters, subject to continued employment.