Timothy P. Herbert - Mar 25, 2022 Form 4 Insider Report for Inspire Medical Systems, Inc. (INSP)

Signature
/s/ Bryan Phillips, Attorney-in-Fact for Timothy P. Herbert
Stock symbol
INSP
Transactions as of
Mar 25, 2022
Transactions value $
-$32,568,000
Form type
4
Date filed
3/29/2022, 08:31 PM
Previous filing
Mar 13, 2023
Next filing
Mar 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INSP Common Stock Sale -$174K -695 -0.57% $250.00 120K Mar 25, 2022 Direct F1
transaction INSP Common Stock Sale -$387K -1.55K -1.28% $250.00 119K Mar 28, 2022 Direct F1, F2
transaction INSP Common Stock Sale -$5.74M -22.9K -19.27% $250.36 96K Mar 29, 2022 Direct F1, F3
transaction INSP Common Stock Sale -$703K -2.8K -2.91% $251.46 93.2K Mar 29, 2022 Direct F1, F4
transaction INSP Common Stock Sale -$517K -2.05K -2.2% $252.20 91.2K Mar 29, 2022 Direct F1, F5
transaction INSP Common Stock Sale -$10.5K -42 -0.03% $250.00 123K Mar 25, 2022 By family trust F1, F6
transaction INSP Common Stock Sale -$636K -2.54K -2.07% $250.00 120K Mar 28, 2022 By family trust F1, F6, F7
transaction INSP Common Stock Sale -$20.7M -82.7K -68.76% $250.27 37.6K Mar 29, 2022 By family trust F1, F6, F8
transaction INSP Common Stock Sale -$1.58M -6.28K -16.71% $251.41 31.3K Mar 29, 2022 By family trust F1, F6, F9
transaction INSP Common Stock Sale -$2.13M -8.43K -26.92% $252.37 22.9K Mar 29, 2022 By family trust F1, F6, F10
holding INSP Common Stock 5.22K Mar 25, 2022 By family trust F11
holding INSP Common Stock 113K Mar 25, 2022 By GRAT F12
holding INSP Common Stock 350 Mar 25, 2022 By daughter
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $250.00 to $250.01. The reporting person undertakes to provide Inspire Medical Systems, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $250.00 to $250.99. The Reporting Person undertakes to provide the Company, any security holder of the Company, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $251.01 to $251.85. The Reporting Person undertakes to provide the Company, any security holder of the Company, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $252.01 to $252.522. The Reporting Person undertakes to provide the Company, any security holder of the Company, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F6 Shares held by the Margaret C. Herbert 2018 Family Irrevocable GST Trust.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $250.00 to $250.01. The Reporting Person undertakes to provide the Company, any security holder of the Company, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $250.00 to $250.995. The Reporting Person undertakes to provide the Company, any security holder of the Company, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F9 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $251.01 to $251.85. The Reporting Person undertakes to provide the Company, any security holder of the Company, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F10 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $252.095 to $252.935. The Reporting Person undertakes to provide the Company, any security holder of the Company, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F11 Shares held by the Timothy P. Herbert 2013 Family Irrevocable GST Trust U/A/D November 27, 2013.
F12 Securities held by the Timothy P. Herbert 2018 Grantor Retained Annuity Trust, under agreement dated December 12, 2018.