Charles Alpuche - Mar 14, 2023 Form 4 Insider Report for INSULET CORP (PODD)

Role
Advisor
Signature
/s/ Patricia K. Dolan, attorney-in-fact
Stock symbol
PODD
Transactions as of
Mar 14, 2023
Transactions value $
$351
Form type
4
Date filed
3/15/2023, 04:22 PM
Previous filing
Mar 14, 2023
Next filing
Sep 29, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PODD Common Stock Options Exercise $385K +12.3K +27.09% $31.21* 57.9K Mar 14, 2023 Direct
transaction PODD Common Stock Options Exercise $14.6K +316 +0.55% $46.22* 58.2K Mar 14, 2023 Direct
transaction PODD Common Stock Tax liability -$385K -1.25K -2.14% $309.05 57K Mar 14, 2023 Direct F1
transaction PODD Common Stock Tax liability -$14.5K -47 -0.08% $309.10 57K Mar 14, 2023 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 -12.3K -100% $0.00* 0 Mar 14, 2023 Common Stock 12.3K $31.21 Direct F2
transaction PODD Employee Stock Option (Right to Buy) Options Exercise $0 -316 -1.11% $0.00 28.1K Mar 14, 2023 Common Stock 316 $46.22 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Constitutes previously owned shares used 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.
F3 This option is subject to a three-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 8 quarters, subject to continued employment.