Shawn mcCormick - 17 Mar 2023 Form 4 Insider Report for Inspire Medical Systems, Inc. (INSP)

Role
Director
Signature
/s/ Bryan Phillips, as Attorney-in-Fact for Shawn T McCormick
Issuer symbol
INSP
Transactions as of
17 Mar 2023
Net transactions value
+$3,760
Form type
4
Filing time
21 Mar 2023, 16:05:35 UTC
Previous filing
27 May 2022
Next filing
01 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INSP Common Stock Options Exercise $3,760 +4,000 +53% $0.9400* 11,518 17 Mar 2023 Direct
holding INSP Common Stock 3,000 17 Mar 2023 By trust

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 Stock Option (Right to Buy) Options Exercise $0 -4,000 -53% $0.000000 3,519 17 Mar 2023 Common Stock 4,000 $0.9400 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option is fully vested and exercisable.
F2 The amount of options originally reported in the Reporting Person's Form 3 dated May 2, 2018 understated the number of shares of common stock underlying the option by one share.