Shacey Petrovic - Jan 4, 2023 Form 4 Insider Report for INSULET CORP (PODD)

Role
Director
Signature
/s/ Patricia K. Dolan, attorney-in-fact
Stock symbol
PODD
Transactions as of
Jan 4, 2023
Transactions value $
-$3,406,085
Form type
4
Date filed
1/6/2023, 03:04 PM
Previous filing
Dec 19, 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 $483K +10.4K +70.63% $46.22* 25.2K Jan 4, 2023 Direct F1
transaction PODD Common Stock Options Exercise $339K +4.56K +18.05% $74.50 29.8K Jan 4, 2023 Direct F1
transaction PODD Common Stock Sale -$4.23M -15K -50.35% $281.88 14.8K Jan 4, 2023 Direct F1, F2, F3
holding PODD Common Stock 73.2K Jan 4, 2023 By NG Trust

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 -10.4K -100% $0.00* 0 Jan 4, 2023 Common Stock 10.4K $46.22 Direct F4
transaction PODD Employee Stock Option (Right to Buy) Options Exercise $0 -4.56K -27.79% $0.00 11.8K Jan 4, 2023 Common Stock 4.56K $74.50 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transactions reported in this Form 4 were effected pursuant to an existing Rule 10b5-1 trading plan.
F2 The price reported represents the weighted average sale price of the shares sold. The shares were sold at varying prices in the range of $278.63 to $289.70. Specifically: 3,144 shares were sold in the range of $278.63 to $279.62, with a weighted average share price of $279.20; 2,556 shares were sold in the range of $279.65 to $280.59, with a weighted average share price of $280.05; 2,337 shares were sold in the range of $280.66 to $281.39, with a weighted average share price of $281.13; 2,775 shares were sold in the range of $281.67 to $282.55, with a weighted average share price of $282.17;
F3 Footnote continued:898 shares were sold in the range of $282.73 to $283.68, with a weighted average share price of $283.33; 1,184 shares were sold in the range of $283.78 to $284.53, with a weighted average share price of $284.06; 700 shares were sold in the range of $284.82 to $285.18, with a weighted average share price of $284.89; 800 shares were sold in the range of $286.44 to $286.79, with a weighted average share price of $286.66; 300 shares were sold in the range of $287.68 to $288.45, with a weighted average share price of $288.10; 306 shares were sold in the range of $289.25 to $289.70, with a weighted average share price of $289.38. The Reporting Person hereby undertakes, upon request of the Staff of the U.S. Securities Exchange Commission, the Issuer or a security holder of the Issuer, to provide full information regarding the number of shares sold at each separate price.
F4 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.