Wayde D. McMillan - Apr 3, 2023 Form 4 Insider Report for INSULET CORP (PODD)

Role
EVP, CFO
Signature
/s/ Patricia K. Dolan, attorney-in-fact
Stock symbol
PODD
Transactions as of
Apr 3, 2023
Transactions value $
-$399,479
Form type
4
Date filed
4/4/2023, 06:11 PM
Previous filing
Mar 1, 2023
Next filing
Jul 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PODD Common Stock Sale -$399K -1.26K -5.2% $318.31 22.9K Apr 3, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The price reported represents the weighted average sale price of the shares sold. The shares were sold at varying prices in the range of $315.20 to $320.06. Specifically: 318 shares were sold in the range of $315.20 to $316.06, with a weighted average share price of $315.60; 84 shares were sold at a price of $316.68; 36 shares were sold at a price of $318.84; and 817 shares were sold in the range of $319.075 to $320.06, with a weighted average share price of $319.51.
F2 Footnote continued: 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.