Shacey Petrovic - Jun 1, 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
Jun 1, 2023
Transactions value $
-$4,073,400
Form type
4
Date filed
6/2/2023, 04:05 PM
Previous filing
May 24, 2023
Next filing
Jun 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PODD Common Stock Sale -$4.07M -15K -25.77% $271.56 43.2K Jun 1, 2023 By NG Trust F1, F2, F3
holding PODD Common Stock 2.57K Jun 1, 2023 Direct
holding PODD Common Stock 12.9K Jun 1, 2023 By SP Trust
* 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 transaction 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 $270.10 to $274.48. Specifically: 4,943 shares were sold in the range of $270.10 to $270.99, with a weighted average share price of $270.60; 4,511 shares were sold in the range of $271 to $271.88, with a weighted average share price of $271.36;
F3 Footnote continued: 4,918 shares were sold in the range of $272.01 to $272.99, with a weighted average share price of $272.46; 500 shares were sold in the range of $273.16 to $273.69, with a weighted average share price of $273.36; and 128 shares were sold at a price of $274.48. 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.