Wayde D. McMillan - Jul 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
Jul 3, 2023
Transactions value $
-$392,721
Form type
4
Date filed
7/6/2023, 04:11 PM
Previous filing
Apr 4, 2023
Next filing
Apr 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction PODD Common Stock Sale -$393K -1.39K -6.07% $282.94 21.5K Jul 3, 2023 Direct F1, F2

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 $281.15 to $286.61. Specifically: 503 shares were sold in the range of $281.15 to $281.79, with a weighted average share price of $281.53; 210 shares were sold in the range of $282.37 to $283.37, with a weighted average share price of $283.01;
F2 Footnote continued: 588 shares were sold in the range of $283.44 to $284.39 with a weighted average share price of $283.81; 70 shares were sold at a price of $284.70; and 17 shares were sold at a price of $286.61. 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.