Brett Sandercock - 16 Nov 2021 Form 4 Insider Report for RESMED INC (RMD)

Role: Chief Financial Officer
Signature: Brett Sandercock, Chief Financial Officer
Issuer symbol: RMD
Transactions as of: 16 Nov 2021
Transactions value $: $5,187,932
Form type: 4
Filing time: 18 Nov 2021, 16:41:58 UTC
Previous filing: 12 Nov 2021
Next filing: 14 Dec 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RMD	ResMed Common Stock	Award	$5.19M	+20.4K	+24%	$254.81	105K	16 Nov 2021	Direct	F1
transaction	RMD	ResMed Common Stock	Award	$0	+1.16K	+1.1%	$0.00	106K	18 Nov 2021	Direct	F2

* 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	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.

Content

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.

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.