SEC Form 4 · accession 0001127602-15-010187
INSULET CORP · PODD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patrick J Sullivan
Officer — President & CEO · Director
Period of report
Mar 2, 2015
Accepted (ET)
Mar 4, 2015 · 7:02 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 | Mar 2, 2015 | A | 43,650 | $0.00 | A | 43,650 | 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)F2 | $32.51 | Mar 2, 2015 | A | 62,185 | A | — | Mar 2, 2025 | Common Stock | 62,185 | 62,185 | D |
| Employee Stock Option (Right to Buy)F3 | $36.81 | Mar 2, 2015 | A | 379,966 | A | — | Mar 2, 2025 | Common Stock | 379,966 | 379,966 | D |
Explanation of responses
- F1The 43,650 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.
- F2This 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.
- F3This option shall vest as to 25% of the total award on the date of grant and the remainder shall vest in equal quarterly installments each quarter thereafter for 12 quarters beginning on March 31, 2015, subject to continued employment.