Eric Benjamin - 21 Jan 2025 Form 4 Insider Report for INSULET CORP (PODD)

Role
EVP, CPXPO
Signature
/s/ Patricia K. Dolan, attorney-in-fact
Issuer symbol
PODD
Transactions as of
21 Jan 2025
Net transactions value
-$3,140,422
Form type
4
Filing time
22 Jan 2025, 16:10:01 UTC
Previous filing
17 Dec 2024
Next filing
19 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PODD Common Stock Options Exercise $78,759 +1,704 +9.1% $46.22 20,406 21 Jan 2025 Direct F1
transaction PODD Common Stock Options Exercise $251,140 +3,371 +17% $74.50 23,777 21 Jan 2025 Direct F1
transaction PODD Common Stock Sale $3,470,320 -12,394 -52% $280.00 11,383 21 Jan 2025 Direct F1

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 PODD Employee Stock Option (Right to Buy) Options Exercise $0 -1,704 -34% $0.000000 3,271 21 Jan 2025 Common Stock 1,704 $46.22 Direct F2
transaction PODD Employee Stock Option (Right to Buy) Options Exercise $0 -3,371 -64% $0.000000 1,875 21 Jan 2025 Common Stock 3,371 $74.50 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transactions reported in this Form 4 were effected pursuant to an existing Rule 10b5-1 trading plan.
F2 This option, which is fully vested, vested over a four-year period with 25% of the total award vesting one year after the grant date and the remainder vesting in equal quarterly installments each quarter thereafter for 12 quarters.