Melvin Sharoky - May 13, 2024 Form 4 Insider Report for INSMED Inc (INSM)

Role
Director
Signature
/s/ Melvin Sharoky, M.D, by Michael A. Smith as Attorney-in-fact
Stock symbol
INSM
Transactions as of
May 13, 2024
Transactions value $
$0
Form type
4
Date filed
5/15/2024, 04:22 PM
Previous filing
Feb 29, 2024
Next filing
Sep 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INSM Common Stock Award +13.2K +4.46% 308K May 13, 2024 Direct F1, F2
holding INSM Common Stock 15.9K May 13, 2024 By Baby Gator LLC F3
holding INSM Common Stock 10K May 13, 2024 By Padonia, LLC F4
holding INSM Common Stock 1.85K May 13, 2024 By spouse
holding INSM Common Stock 7.71K May 13, 2024 By The Sharoky Family Foundation, Inc. F5
holding INSM Common Stock 4.7K May 13, 2024 By Melvin Sharoky C/F Nolan M. Wink UTMA/FL F6
holding INSM Common Stock 3K May 13, 2024 By Melvin Sharoky C/F Tulia L. Sharoky UTMA/FL F7
holding INSM Common Stock 4.28K May 13, 2024 By Melvin Sharoky C/F Sophie C. Wink UTMA/FL F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Restricted Stock Units (RSUs), each representing a contingent right to receive one share of Common Stock. The RSUs have a one year cliff vesting period, provided that the director (a) remains a member of the Board of Directors of the issuer on such vesting date, and (b) attends at least 75% of the meetings of the Board of Directors which take place between the grant date and the first anniversary of the grant date.
F2 Each RSU was granted on May 13, 2024 for no consideration.
F3 The Reporting Person is a managing member of Baby Gator LLC.
F4 The Reporting Person is the managing member of Padonia, LLC.
F5 The Reporting Person is Chairman of The Sharoky Family Foundation, Inc. and is one of three individuals who currently share voting and investment power over the shares held by The Sharoky Family Foundation, Inc. The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
F6 The Reporting Person is the custodian of Melvin Sharoky C/F Nolan M. Wink UTMA/FL.
F7 The Reporting Person is the custodian of Melvin Sharoky C/F Tulia Wink UTMA/FL.
F8 The Reporting Person is the custodian of Melvin Sharoky C/F Sophie C. Wink UTMA/FL.