Shacey Petrovic - 01 Jun 2023 Form 4 Insider Report for INSULET CORP (PODD)

Role: Director
Signature: /s/ Patricia K. Dolan, attorney-in-fact
Issuer symbol: PODD
Transactions as of: 01 Jun 2023
Net transactions value: -$4,073,400
Form type: 4
Filing time: 02 Jun 2023, 16:05:57 UTC
Previous filing: 24 May 2023
Next filing: 12 Jun 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PODD	Common Stock	Sale	$4,073,400	-15,000	-26%	$271.56	43,205	01 Jun 2023	By NG Trust	F1, F2, F3
holding	PODD	Common Stock						2,567	01 Jun 2023	Direct
holding	PODD	Common Stock						12,925	01 Jun 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.