Bryan K. Phillips - 11 Feb 2022 Form 4 Insider Report for Inspire Medical Systems, Inc. (INSP)

Role
Officer
Signature
/s/ Bryan K. Phillips
Issuer symbol
INSP
Transactions as of
11 Feb 2022
Net transactions value
$0
Form type
4
Filing time
15 Feb 2022, 15:32:55 UTC
Previous filing
31 Jan 2022
Next filing
31 Jan 2023
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction INSP Employee Stock Option (Right to Buy) Award $0 +5,924 $0.000000 5,924 11 Feb 2022 Common Stock 5,924 $227.53 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option vests and becomes exercisable as to 25% of the underlying shares on the first anniversary of Feruary 11, 2022 and the remaining 75% of the underlying shares in 36 equal monthly installments thereafter, subject to the Reporting Person's continuous employment with the Issuer through the relevant vesting dates.

Remarks:

Senior Vice President, General Counsel, Secretary and Chief Compliance Officer; Exhibit List: Exhibit 24 - Power of Attorney