Charles Alpuche - Mar 13, 2023 Form 4 Insider Report for INSULET CORP (PODD)

Role
Advisor
Signature
/s/ Patricia K. Dolan, attorney-in-fact
Stock symbol
PODD
Transactions as of
Mar 13, 2023
Transactions value $
-$6,410,470
Form type
4
Date filed
3/14/2023, 04:18 PM
Previous filing
Mar 10, 2023
Next filing
Mar 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PODD Common Stock Options Exercise $730K +23.4K +51.34% $31.21* 69K Mar 13, 2023 Direct
transaction PODD Common Stock Sale -$7.14M -23.4K -33.92% $305.15 45.6K Mar 13, 2023 Direct F1, 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 PODD Employee Stock Option (Right to Buy) Options Exercise $0 -23.4K -65.46% $0.00 12.3K Mar 13, 2023 Common Stock 23.4K $31.21 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported represents the weighted average sale price of the shares sold. The shares were sold at varying prices in the range of $302.98 to $307.17. Specifically: 8,975 shares were sold in the range of $302.98 to $303.98, with a weighted average share price of $303.60; 1,100 shares were sold in the range of $304.01 to $304.29, with a weighted average share price of $304.08; 7,524 shares were sold in the range of $305.35 to $306.35, with a weighted average share price of $305.94;
F2 Footnote continued: and 5802 shares were sold in the range of $306.41 to $307.17, with a weighted average share price of $306.74. The Reporting Person hereby undertakes, upon request of the Staff of the U.S. Securities Exchange Commission, the Issuer or a security holder of the Issuer, to provide full information regarding the number of shares sold at each separate price.
F3 This option is subject to a four-year vesting 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, subject to continued employment.