Timothy P. Herbert - Feb 8, 2023 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
Feb 8, 2023
Transactions value $
-$2,896,043
Form type
4
Date filed
2/10/2023, 05:36 PM
Previous filing
Oct 13, 2022
Next filing
Feb 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INSP Common Stock Gift $0 -2K -8.83% $0.00 20.6K Nov 8, 2022 By family trust F1
transaction INSP Common Stock Sale -$963K -3.5K -15.3% $275.00 19.4K Feb 8, 2023 By family trust F2, F3
transaction INSP Common Stock Sale -$1.93M -7.03K -36.27% $275.12 12.3K Feb 9, 2023 By family trust F2, F3, F4
holding INSP Common Stock 160K Feb 8, 2023 Direct
holding INSP Common Stock 113K Feb 8, 2023 BY GRAT F5
holding INSP Common Stock 350 Feb 8, 2023 BY DAUGHTER
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held by the Timothy P. Herbert 2013 Family Irrevocable GST Trust U/A/D November 27, 2013.
F2 The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
F3 Shares held by the Margaret C. Herbert 2018 Family Irrevocable GST Trust.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $275.00 to $275.61, inclusive. 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.
F5 Securities held by the Timothy P. Herbert 2018 Grantor Retained Annuity Trust, under agreement dated December 12, 2018.