Chairman Michael J. Farrell - 07 May 2024 Form 4 Insider Report for RESMED INC (RMD)

Signature
Michael J. Farrell, Chief Executive Officer
Issuer symbol
RMD
Transactions as of
07 May 2024
Net transactions value
-$1,931,054
Form type
4
Filing time
09 May 2024, 11:58:06 UTC
Previous filing
02 Apr 2024
Next filing
14 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RMD ResMed Common Stock Options Exercise $99,936 +1,176 +0.27% $84.98 441,928 07 May 2024 Direct F1
transaction RMD ResMed Common Stock Options Exercise $1,147,825 +13,507 +3.1% $84.98 455,435 07 May 2024 Direct F1
transaction RMD ResMed Common Stock Sale $3,178,815 -14,683 -3.2% $216.50 440,752 07 May 2024 Direct F1, F2
holding RMD ResMed Common Stock 0 07 May 2024 Lisette and Michael Farrell Foundation
holding RMD ResMed Common Stock 4,090 07 May 2024 Lisette and Michael Farrell Family Trust
holding RMD ResMed Common Stock 0 07 May 2024 Lisette & Michael Farrell Family Foundation

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 RMD ResMed Common Stock Options Options Exercise $0 -1,176 -1.1% $0.000000 101,605 07 May 2024 ResMed Common Stock 1,176 $84.98 Direct F3
transaction RMD ResMed Common Stock Options Options Exercise $0 -13,507 -13% $0.000000 88,098 07 May 2024 ResMed Common Stock 13,507 $84.98 Direct F3
* 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 was conducted under a Rule 10b5-1 plan adopted January 31, 2024.
F2 This transaction was executed in multiple trades at prices ranging from $215.71 - $217.08. The price reported above reflects the weighted average sale price.
F3 Represents date options first became exercisable. Options vest 1/3 per year.