Michael P. Spears - Dec 12, 2022 Form 4 Insider Report for INSULET CORP (PODD)

Role
SVP, RA and Compliance
Signature
/s/ Patricia K. Dolan, attorney-in-fact
Stock symbol
PODD
Transactions as of
Dec 12, 2022
Transactions value $
$216
Form type
4
Date filed
12/13/2022, 03:10 PM
Previous filing
Nov 7, 2022
Next filing
Feb 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PODD Common Stock Options Exercise $40.5K +1.39K +15.75% $29.26* 10.2K Dec 12, 2022 Direct
transaction PODD Common Stock Options Exercise $98.1K +2.12K +20.85% $46.22* 12.3K Dec 12, 2022 Direct
transaction PODD Common Stock Tax liability -$138K -462 -3.76% $299.54 11.8K Dec 12, 2022 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 -1.39K -100% $0.00* 0 Dec 12, 2022 Common Stock 1.39K $29.26 Direct F2
transaction PODD Employee Stock Option (Right to Buy) Options Exercise $0 -2.12K -19.71% $0.00 8.65K Dec 12, 2022 Common Stock 2.12K $46.22 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.