Kaushik Ghoshal - Nov 16, 2021 Form 4 Insider Report for RESMED INC (RMD)

Role
President, SaaS Business
Signature
Kaushik Ghoshal, President SaaS Business
Stock symbol
RMD
Transactions as of
Nov 16, 2021
Transactions value $
$1,031,981
Form type
4
Date filed
11/18/2021, 04:38 PM
Previous filing
Nov 15, 2021
Next filing
Aug 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RMD ResMed Common Stock Award $2.33M +9.16K +142.62% $254.81 15.6K Nov 16, 2021 Direct F1
transaction RMD ResMed Common Stock Tax liability -$1.3M -5.11K -32.8% $254.81 10.5K Nov 17, 2021 Direct F2
transaction RMD ResMed Common Stock Award $0 +697 +6.65% $0.00 11.2K Nov 18, 2021 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents performance-based restricted stock units granted on November 14, 2018. The shares were earned on November 16, 2021, when the compensation committee certified that the performance metrics were met.
F2 Disposition to issuer for tax withholding on vesting of performance-based Restricted Stock Units granted on 11/14/2018.
F3 Represents performance-based restricted stock units granted on November 19, 2020. The shares were earned on November 18, 2021, when the compensation committee certified that the performance metrics were met for this portion of the grant. The earned units remain subject to time-vesting requirements, and are scheduled to vest on the three-year anniversary of the grant, assuming continued service through the vesting date.