Alfred Altomari - May 11, 2022 Form 4 Insider Report for INSMED Inc (INSM)

Role
Director
Signature
/s/ Alfred Altomari, by Michael Smith as Attorney-in-fact
Stock symbol
INSM
Transactions as of
May 11, 2022
Transactions value $
$0
Form type
4
Date filed
5/13/2022, 06:17 PM
Previous filing
Jan 20, 2022
Next filing
Aug 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INSM Common Stock Award +14.6K +51.39% 43.1K May 11, 2022 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 vesting date.
F2 Each Restricted Stock Unit was granted on May 11, 2022, for no consideration.