Michael A. Smith - 12 Aug 2024 Form 4 Insider Report for INSMED Inc (INSM)

Role
Chief Legal Officer
Signature
/s/ Michael A. Smith
Issuer symbol
INSM
Transactions as of
12 Aug 2024
Net transactions value
-$5,052,622
Form type
4
Filing time
14 Aug 2024, 16:28:27 UTC
Previous filing
10 Jul 2024
Next filing
16 Sep 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INSM Common Stock Options Exercise $204,204 +11,900 +13% $17.16 100,627 12 Aug 2024 Direct
transaction INSM Common Stock Options Exercise $579,212 +41,640 +41% $13.91 142,267 12 Aug 2024 Direct
transaction INSM Common Stock Options Exercise $589,427 +34,530 +24% $17.07 176,797 12 Aug 2024 Direct
transaction INSM Common Stock Sale $4,921,901 -67,655 -38% $72.75 109,142 12 Aug 2024 Direct F1
transaction INSM Common Stock Sale $1,503,565 -20,415 -19% $73.65 88,727 12 Aug 2024 Direct F2

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 -11,900 -100% $0.000000* 0 12 Aug 2024 Common Stock 11,900 $17.16 Direct F3
transaction INSM Stock Option (right to buy) Options Exercise $0 -41,640 -100% $0.000000* 0 12 Aug 2024 Common Stock 41,640 $13.91 Direct F3
transaction INSM Stock Option (right to buy) Options Exercise $0 -34,530 -50% $0.000000 34,530 12 Aug 2024 Common Stock 34,530 $17.07 Direct F4
* 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 67,655 shares sold at prices ranging from $72.22 to $73.22 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 This is the weighted average sales price representing 20,415 shares sold at prices ranging from $73.22 to $74.11 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.
F3 The options became exercisable based on the following vesting schedule: 25% vested on the first anniversary of the grant date and an additional 12.5% vested on each sixth month anniversary date thereafter through the fourth anniversary of the date of grant. All options are currently exercisable.
F4 The options become exercisable based on the following vesting schedule: 25% vest on the first anniversary of the grant date and an additional 12.5% vest every six months thereafter through the fourth anniversary of the date of grant.