Steinar Engelsen - May 12, 2021 Form 4 Insider Report for INSMED Inc (INSM)

Role
Director
Signature
/s/ Steinar J. Engelsen, M.D., by Christine Pellizzari as Attorney-in-fact
Stock symbol
INSM
Transactions as of
May 12, 2021
Transactions value $
$0
Form type
4
Date filed
5/14/2021, 04:43 PM
Next filing
Nov 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INSM Common Stock Award +7.56K +2.53% 307K May 12, 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Restricted Stock Units, each representing a contingent right to receive one share of Common Stock. The Restricted Stock Units have a one year cliff vesting period, provided that the director (a) remains a member of the Board on such vesting date, and (b) attends at least 75% of the meetings of the Board which take place between the grant date and the first anniversary of the grant date. Vested shares are delivered within 30 days of the vesting date.
F2 Each Restricted Stock Unit was granted on May 12, 2021 for no consideration.