John Soriano - Sep 7, 2021 Form 4 Insider Report for INSMED Inc (INSM)

Role
Chief Compliance Officer
Signature
/s/ John Soriano
Stock symbol
INSM
Transactions as of
Sep 7, 2021
Transactions value $
-$247,917
Form type
4
Date filed
9/9/2021, 04:10 PM
Previous filing
May 18, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INSM Common Stock Options Exercise $241K +17.3K +49.28% $13.91 52.6K Sep 7, 2021 Direct
transaction INSM Common Stock Sale -$489K -17.3K -33.01% $28.20 35.2K Sep 7, 2021 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 INSM Stock Option (right to buy) Options Exercise $0 -17.3K -25% $0.00 52K Sep 7, 2021 Common Stock 17.3K $13.91 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This is the weighted average sales price representing the shares sold at prices ranging from $28.11 to $28.37 per share. The reporting person undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer the number of shares sold at each price within the price range upon request.
F2 The options become exercisable based on the following vesting schedule: twenty five percent (25%) vested on the first anniversary of the grant date and an additional twelve and one half percent (12.5%) vest on each sixth month anniversary date thereafter through the fourth anniversary of the date of grant.