Wayde D. McMillan - Feb 28, 2022 Form 4 Insider Report for INSULET CORP (PODD)

Role: EVP, CFO
Signature: /s/ John W. Kapples, attorney-in-fact
Stock symbol: PODD
Transactions as of: Feb 28, 2022
Transactions value $: -$817,473
Form type: 4
Date filed: 3/2/2022, 03:43 PM
Previous filing: Feb 28, 2022
Next filing: Apr 5, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PODD	Common Stock	Award	$0	+2.36K	+10.01%	$0.00	25.9K	Feb 28, 2022	Direct	F1
transaction	PODD	Common Stock	Tax liability	-$817K	-3.13K	-12.08%	$260.84	22.8K	Mar 1, 2022	Direct	F2

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)	Award	$0	+6.5K		$0.00	6.5K	Feb 28, 2022	Common Stock	6.5K	$264.69	Direct	F3

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

Explanation of Responses:

Id	Content
F1	Annual Restricted Stock Unit ("RSU") award. RSUs vest in equal installments on each of the first, second and third anniversaries of the grant date and are settled in shares of common stock on a one-for-one basis.
F2	This transaction represents the withholding of shares received upon the vesting of restricted stock units to cover the associated tax obligations.
F3	Annual Non-Qualified Stock Option ("Option") Award. The Options become exercisable in substantially equal installments on each of the first, second, third and fourth anniversaries of the grant date.