Filing Details

Accession Number:
0001104659-23-001570
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-01-05 19:01:19
Reporting Period:
2023-01-03
Accepted Time:
2023-01-05 19:01:19
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1609550 Inspire Medical Systems Inc. INSP Surgical & Medical Instruments & Apparatus (3841) 261377674
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1737127 Randy Ban C/O Inspire Medical Systems, Inc.
5500 Wayzata Blvd., Suite 1600
Golden Valley MN 55416
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 2023-01-03 10,000 $0.94 10,304 No 4 M Direct
Common Stock Disposition 2023-01-03 2,400 $250.62 7,904 No 4 S Direct
Common Stock Disposition 2023-01-03 2,600 $251.64 5,304 No 4 S Direct
Common Stock Disposition 2023-01-03 3,788 $252.71 1,516 No 4 S Direct
Common Stock Disposition 2023-01-03 1,056 $253.79 460 No 4 S Direct
Common Stock Disposition 2023-01-03 156 $255.98 304 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S 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 (Right to Buy) Disposition 2023-01-03 10,000 $0.00 10,000 $0.94
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
21,090 2027-04-01 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 167 Indirect By son
Common Stock 166 Indirect By daughter
Footnotes
  1. Includes 19 additional shares acquired under the Inspire Medical Systems, Inc. 2018 Employee Stock Purchase Plan since the Reporting Person's ownership report filed on December 6, 2022.
  2. The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $250.09 to $251.05, inclusive.
  4. The Reporting Person undertakes to provide Inspire Medical Systems, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $251.22 to $252.15, inclusive.
  6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $252.26 to $253.16, inclusive.
  7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $253.41 to $254.2966, inclusive.
  8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $255.97 to $256.00, inclusive.
  9. The option is fully vested and exercisable.