Roger Adsett - 11 May 2023 Form 4 Insider Report for INSMED Inc (INSM)

Reporting relationship: Chief Operating Officer
Issuer ticker: INSM
Reported as of: 11 May 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 15 May 2023, 16:06:49 UTC
Prior SEC filing: 12 Jan 2023
Next SEC filing: 17 May 2023
Source filing: View source filing
Reporting owner signature: /s/ Roger Adsett, by Michael A. Smith as Attorney in Fact

Key filing fact

Roger Adsett filed Form 4 for INSMED Inc (INSM) on 15 May 2023.

Key facts

This page summarizes Roger Adsett's Form 4 filing for INSMED Inc (INSM).
2 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 15 May 2023, 16:06.

Change

Previous filing in this sequence was filed on 12 Jan 2023.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

INSM transaction

Common Stock

Award

Transaction value
Shares: +31,662
Change %: +23%
Price
Shares after: 167,149
Date: 11 May 2023
Ownership: Direct
Footnotes: F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

INSM transaction Derivative

Common Stock

Award

Transaction value: $0
Shares: +146,220
Change %
Price: $0.000000
Shares after: 146,220
Date: 11 May 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 146,220
Exercise price: $18.95
Footnotes: F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Represents Restricted Stock Units, each representing a contingent right to receive one share of Common Stock, granted pursuant to the Company's 2019 Incentive Plan. The Restricted Stock Units vest and become available as follows: twenty five (25%) percent on each anniversary of the date of grant through the fourth anniversary date of the date of the grant.

Footnote F2

Each Restricted Stock Unit was received as a grant on May 11, 2023, for no consideration.

Footnote F3

Stock options granted under the Company's 2019 Incentive Plan. The options become exercisable based on the following vesting schedule: twenty five percent (25%) vest 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 date of the date of grant.