Philip Ebeling - Feb 16, 2023 Form 4 Insider Report for Inspire Medical Systems, Inc. (INSP)

Role
Chief Operating Officer
Signature
/s/ Bryan Phillips, Attorney-in-Fact for Philip Ebeling
Stock symbol
INSP
Transactions as of
Feb 16, 2023
Transactions value $
-$561,260
Form type
4
Date filed
2/21/2023, 05:54 PM
Previous filing
Feb 14, 2023
Next filing
Feb 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INSP Common Stock Options Exercise $1.36M +7K +2880.66% $194.82 7.24K Feb 16, 2023 Direct
transaction INSP Common Stock Sale -$1.93M -7K -96.65% $275.00 243 Feb 16, 2023 Direct

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) Options Exercise $0 -7K -40.46% $0.00 10.3K Feb 16, 2023 Common Stock 7K $194.82 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option has vested and became exercisable as to 25% of the underlying shares on the first anniversary of December 14, 2020 and the remaining 75% of the underlying shares have vested or will vest in 36 equal monthly installments thereafter, subject to the Reporting Person's continuous employment with the Issuer through the relevant vesting dates.