Kaushik Ghoshal - 11 Oct 2024 Form 4 Insider Report for RESMED INC (RMD)

Signature
Kaushik Ghoshal, Chief Commercial Officer, SaaS business
Issuer symbol
RMD
Transactions as of
11 Oct 2024
Net transactions value
-$582,938
Form type
4
Filing time
15 Oct 2024, 10:06:52 UTC
Previous filing
13 Sep 2024
Next filing
01 Nov 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RMD ResMed Common Stock Options Exercise $432,986 +4,260 +20% $101.64 26,048 11 Oct 2024 Direct F1
transaction RMD ResMed Common Stock Sale $1,015,925 -4,260 -16% $238.48 21,788 11 Oct 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 -4,260 -100% $0.000000 0 11 Oct 2024 ResMed Common Stock 4,260 $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.