Michael J. Farrell - May 7, 2024 Form 4 Insider Report for RESMED INC (RMD)

Signature
Michael J. Farrell, Chief Executive Officer
Stock symbol
RMD
Transactions as of
May 7, 2024
Transactions value $
-$1,931,054
Form type
4
Date filed
5/9/2024, 11:58 AM
Previous filing
Apr 2, 2024
Next filing
May 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RMD ResMed Common Stock Options Exercise $99.9K +1.18K +0.27% $84.98 442K May 7, 2024 Direct F1
transaction RMD ResMed Common Stock Options Exercise $1.15M +13.5K +3.06% $84.98 455K May 7, 2024 Direct F1
transaction RMD ResMed Common Stock Sale -$3.18M -14.7K -3.22% $216.50 441K May 7, 2024 Direct F1, F2
holding RMD ResMed Common Stock 0 May 7, 2024 Lisette and Michael Farrell Foundation
holding RMD ResMed Common Stock 4.09K May 7, 2024 Lisette and Michael Farrell Family Trust
holding RMD ResMed Common Stock 0 May 7, 2024 Lisette & Michael Farrell Family Foundation

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 RMD ResMed Common Stock Options Options Exercise $0 -1.18K -1.14% $0.00 102K May 7, 2024 ResMed Common Stock 1.18K $84.98 Direct F3
transaction RMD ResMed Common Stock Options Options Exercise $0 -13.5K -13.29% $0.00 88.1K May 7, 2024 ResMed Common Stock 13.5K $84.98 Direct F3
* 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 transaction was conducted under a Rule 10b5-1 plan adopted January 31, 2024.
F2 This transaction was executed in multiple trades at prices ranging from $215.71 - $217.08. The price reported above reflects the weighted average sale price.
F3 Represents date options first became exercisable. Options vest 1/3 per year.