Carol Schafer - May 13, 2024 Form 4 Insider Report for INSMED Inc (INSM)

Role: Director
Signature: /s/ Carol Schafer, by Michael A. Smith as Attorney-in-fact
Stock symbol: INSM
Transactions as of: May 13, 2024
Transactions value $: $0
Form type: 4
Date filed: 5/15/2024, 04:21 PM
Previous filing: Jan 4, 2024
Next filing: Jun 7, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	INSM	Common Stock	Award		+13.2K	+29.19%		58.3K	May 13, 2024	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 (RSUs), each representing a contingent right to receive one share of Common Stock. The RSUs have a one year cliff vesting period, provided that the director (a) remains a member of the Board of Directors of the issuer on such vesting date, and (b) attends at least 75% of the meetings of the Board of Directors which take place between the grant date and the first anniversary of the grant date.
F2	Each RSU was granted on May 13, 2024 for no consideration.

Content

Represents Restricted Stock Units (RSUs), each representing a contingent right to receive one share of Common Stock. The RSUs have a one year cliff vesting period, provided that the director (a) remains a member of the Board of Directors of the issuer on such vesting date, and (b) attends at least 75% of the meetings of the Board of Directors which take place between the grant date and the first anniversary of the grant date.

Each RSU was granted on May 13, 2024 for no consideration.