Filing Details
- Accession Number:
- 0001127602-13-009353
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-03-05 17:22:37
- Reporting Period:
- 2013-03-01
- Filing Date:
- 2013-03-05
- Accepted Time:
- 2013-03-05 17:22:37
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1145197 | Insulet Corp | PODD | Surgical & Medical Instruments & Apparatus (3841) | 043523891 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1470548 | Peter Devlin | C/O Insulet Corporation 9 Oak Park Drive Bedford MA 01730 | Chief Commercial Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2013-03-01 | 30,000 | $8.30 | 84,315 | No | 4 | M | Direct | |
Common Stock | Disposition | 2013-03-01 | 30,000 | $22.11 | 54,315 | No | 4 | S | Direct | |
Common Stock | Disposition | 2013-03-01 | 5,688 | $23.40 | 48,627 | No | 4 | F | Direct | |
Common Stock | Acquisiton | 2013-03-01 | 16,800 | $0.00 | 65,427 | No | 4 | A | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | S | Direct | |
No | 4 | F | Direct | |
No | 4 | A | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Employee Stock Option (Right to Buy) | Disposition | 2013-03-01 | 30,000 | $0.00 | 30,000 | $8.30 |
Common Stock | Employee Stock Option (Right to Buy) | Acquisiton | 2013-03-01 | 8,400 | $0.00 | 8,400 | $23.40 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
90,000 | 2019-08-17 | No | 4 | M | Direct | |
8,400 | 2023-03-01 | No | 4 | A | Direct |
Footnotes
- Includes 6,667 restricted stock units granted on March 1, 2010 which vest on March 1, 2014; and 22,000 restricted stock units granted on April 1, 2012 which vest one-quarter of the total units on April 1, 2013, one-quarter of the total units on April 1, 2014, one-quarter of the total units on April 1, 2015 and one-quarter of the total units on April 1, 2016. Vested shares will be delivered to the reporting person as soon as practicable following a vesting date.
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 14, 2012.
- The price reported represents the weighted average sale price of shares sold. The shares were sold at varing prices in the range of $21.97 to $22.395. The Reporting Person hereby undertakes, upon request of the Staff of the U.S. Securities and 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.
- This transaction represents the withholding of shares received upon the vesting of restricted stock units to cover the associated tax obligations.
- The 16,800 restricted stock units vest one-quarter of the total units on March 1, 2014, one-quarter of the total units on March 1, 2015, one-quarter of the total units on March 1, 2016 and one-quarter of the total units on March 1, 2017. Vested shares will be delivered to the reporting person as soon as practicable following a vesting date.
- 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.