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

Role
EVP, CPXPO
Signature
/s/ Patricia K. Dolan, attorney-in-fact
Stock symbol
PODD
Transactions as of
Jan 21, 2025
Transactions value $
-$3,140,422
Form type
4
Date filed
1/22/2025, 04:10 PM
Previous filing
Dec 17, 2024
Next filing
Feb 19, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PODD Common Stock Options Exercise $78.8K +1.7K +9.11% $46.22 20.4K Jan 21, 2025 Direct F1
transaction PODD Common Stock Options Exercise $251K +3.37K +16.52% $74.50 23.8K Jan 21, 2025 Direct F1
transaction PODD Common Stock Sale -$3.47M -12.4K -52.13% $280.00 11.4K Jan 21, 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 -1.7K -34.25% $0.00 3.27K Jan 21, 2025 Common Stock 1.7K $46.22 Direct F2
transaction PODD Employee Stock Option (Right to Buy) Options Exercise $0 -3.37K -64.26% $0.00 1.88K Jan 21, 2025 Common Stock 3.37K $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.