Michael P. Spears - Dec 6, 2021 Form 4 Insider Report for INSULET CORP (PODD)

Role: SVP, RA and Compliance
Signature: /s/ John W. Kapples, attorney-in-fact
Stock symbol: PODD
Transactions as of: Dec 6, 2021
Transactions value $: $239
Form type: 4
Date filed: 12/8/2021, 03:38 PM
Next filing: Feb 11, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PODD	Common Stock	Options Exercise	$68.8K	+2.35K	+21.24%	$29.26^*	13.4K	Dec 6, 2021	Direct
transaction	PODD	Common Stock	Tax liability	-$68.5K	-266	-1.98%	$257.60	13.1K	Dec 6, 2021	Direct	F1

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	PODD	Employee Stock Option (Right to Buy)	Options Exercise	$0	-2.35K	-62.92%	$0.00	1.39K	Dec 6, 2021	Common Stock	2.35K	$29.26	Direct	F2

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

Explanation of Responses:

Id	Content
F1	Constitutes previously owned shares to cover the exercise price of the option being exercised through a stock swap.
F2	This option is subject to a four-year vesting period with 25% of the total award vesting one year after the grant date and the remainder vesting in equal quarterly installments each quarter thereafter for 12 quarters, subject to continued employment.