Steven Jandrich - Aug 28, 2023 Form 4 Insider Report for Inspire Medical Systems, Inc. (INSP)

Role: VP, Human Resources
Signature: /s/ Bryan Phillips, as Attorney-in-Fact for Steven Jandrich
Stock symbol: INSP
Transactions as of: Aug 28, 2023
Transactions value $: $2,350
Form type: 4
Date filed: 8/30/2023, 07:40 PM
Previous filing: May 16, 2023
Next filing: Jan 31, 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership
transaction	INSP	Common Stock	Options Exercise	$2.35K	+2.5K	+57.2%	$0.94^*	6.87K	Aug 28, 2023	Direct
holding	INSP	Common Stock						478	Aug 28, 2023	By daughter
holding	INSP	Common Stock						478	Aug 28, 2023	By son

Showing 1 to 3 of 3 entries

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	-2.5K	-11.45%	$0.00	19.3K	Aug 28, 2023	Common Stock	2.5K	$0.94	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	The option is fully vested and exercisable.