Filing Details

Accession Number:
0001127430-16-000158
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-11-15 17:07:21
Reporting Period:
2016-11-14
Filing Date:
2016-11-15
Accepted Time:
2016-11-15 17:07:21
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1104506 Insmed Inc INSM Pharmaceutical Preparations (2834) 541972729
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1324734 T Andrew Drechsler 10 Finderne Avenue
Building 10
Bridgewater NJ 08807
Chief Financial 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 2016-11-14 20,000 $6.65 20,000 No 4 M Direct
Common Stock Disposition 2016-11-14 20,000 $14.67 0 No 4 S Direct
Common Stock Acquisiton 2016-11-14 25,000 $6.90 25,000 No 4 M Direct
Common Stock Disposition 2016-11-14 25,000 $14.67 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option Disposition 2016-11-14 20,000 $0.00 20,000 $6.65
Common Stock Stock Option Disposition 2016-11-14 25,000 $0.00 25,000 $6.90
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
94,855 2022-11-07 No 4 M Direct
25,000 2023-03-20 No 4 M Direct
Footnotes
  1. The price in column 4 is a weighted average price. The prices actually paid by the Reporting Person in these transactions range from $14.22 to $14.915.
  2. Stock options granted under the Company's 2000 Stock Incentive Plan. The options become exercisable based on the following vesting schedule: twenty five percent (25%) on the first anniversary of the grant date and an additional twelve and one half percent (12.5%) vest on each sixth month anniversary date thereafter through the fourth anniversary of the date of grant.
  3. Stock Options granted under the Company's 2000 Stock Incentive Plan. On March 20, 2013, the Reporting Person was granted an option to purchase 50,000 shares of common stock. The option vests in two equal installments based upon the Company's satisfaction of two separate performance metrics. One such performance metric was met by the Company on February 26, 2015, resulting in vesting of the option as to 25,000 shares.