Kaushik Ghoshal - 12 Sep 2024 Form 4 Insider Report for RESMED INC (RMD)

Signature
Kaushik Ghoshal, Chief Commercial Officer, SaaS business
Issuer symbol
RMD
Transactions as of
12 Sep 2024
Net transactions value
-$754,600
Form type
4
Filing time
13 Sep 2024, 14:54:30 UTC
Previous filing
16 Aug 2024
Next filing
15 Oct 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RMD ResMed Common Stock Options Exercise $508,200 +5,000 +23% $101.64 26,788 12 Sep 2024 Direct F1
transaction RMD ResMed Common Stock Sale $1,262,800 -5,000 -19% $252.56 21,788 12 Sep 2024 Direct F1

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 -5,000 -54% $0.000000 4,260 12 Sep 2024 ResMed Common Stock 5,000 $101.64 Direct 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 transaction was conducted under a Rule 10b5-1 plan adopted April 29, 2024.
F2 Represents date options first became exercisable. Options vest 1/3 per year.