Melvin Sharoky MD - 11 May 2023 Form 4 Insider Report for INSMED Inc (INSM)

Role
Director
Signature
/s/ Melvin Sharoky, M.D, by Michael A. Smith as Attorney-in-fact
Issuer symbol
INSM
Transactions as of
11 May 2023
Net transactions value
$0
Form type
4
Filing time
15 May 2023, 16:27:21 UTC
Previous filing
17 Mar 2023
Next filing
17 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INSM Common Stock Award +13,192 +4.8% 290,415 11 May 2023 Direct F1, F2
transaction INSM Common Stock Gift $0 -1,800 -0.62% $0.000000 288,615 11 May 2023 Direct
holding INSM Common Stock 3,083 11 May 2023 By Melvin Sharoky C/F Sophie C. Wink UTMA/FL F3
holding INSM Common Stock 3,499 11 May 2023 By Melvin Sharoky C/F Nolan M. Wink UTMA/FL F4
holding INSM Common Stock 1,800 11 May 2023 By Melvin Sharoky C/F Tulia L. Sharoky UTMA/FL F5
holding INSM Common Stock 15,900 11 May 2023 By Baby Gator LLC F6
holding INSM Common Stock 7,714 11 May 2023 By The Sharoky Family Foundation, Inc. F7
holding INSM Common Stock 1,847 11 May 2023 By spouse
* 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 11, 2023, for no consideration.
F3 The Reporting Person is the custodian of Melvin Sharoky C/F Sophie C. Wink UTMA/FL.
F4 The Reporting Person is the custodian of Melvin Sharoky C/F Nolan M. Wink UTMA/FL.
F5 The Reporting Person is the custodian of Melvin Sharoky C/F Tulia L. Sharoky UTMA/FL.
F6 The Reporting Person is a managing member of Baby Gator LLC.
F7 The Reporting Person is Chairman of The Sharoky Family Foundation, Inc. and is one of three individuals who currently share voting and investment power over the shares held by The Sharoky Family Foundation, Inc. The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.