Filing Details
- Accession Number:
- 0001104659-23-031810
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-03-13 16:51:28
- Reporting Period:
- 2019-04-22
- Accepted Time:
- 2023-03-13 16:51:28
- 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 |
|---|---|---|---|---|---|---|---|
| 1737136 | P. Timothy Herbert | C/O Inspire Medical Systems, Inc. 5500 Wayzata Blvd., Suite 1600 Golden Valley MN 55416 | Ceo And President | Yes | 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 | Disposition | 2019-04-22 | 238 | $0.00 | 9,850 | No | 4 | G | Indirect | By family trust |
| Common Stock | Acquisiton | 2019-04-22 | 238 | $0.00 | 113,373 | No | 4 | G | Indirect | By GRAT |
| Common Stock | Disposition | 2020-03-17 | 9,649 | $0.00 | 150,402 | No | 4 | G | Direct | |
| Common Stock | Acquisiton | 2020-03-17 | 9,649 | $0.00 | 9,629 | No | 4 | G | Indirect | By GRAT |
| Common Stock | Disposition | 2020-03-17 | 27,735 | $0.00 | 85,638 | No | 4 | G | Indirect | By GRAT |
| Common Stock | Acquisiton | 2020-03-17 | 27,735 | $0.00 | 27,735 | No | 4 | G | Indirect | By trust |
| Common Stock | Disposition | 2020-12-23 | 85,638 | $0.00 | 0 | No | 4 | G | Indirect | By GRAT |
| Common Stock | Acquisiton | 2020-12-23 | 20,717 | $0.00 | 171,119 | No | 4 | G | Direct | |
| Common Stock | Acquisiton | 2020-12-23 | 64,921 | $0.00 | 92,656 | No | 4 | G | Indirect | By trust |
| Common Stock | Disposition | 2021-11-20 | 8,420 | $0.00 | 1,229 | No | 4 | G | Indirect | By GRAT |
| Common Stock | Acquisiton | 2021-11-20 | 8,420 | $0.00 | 179,539 | No | 4 | G | Direct | |
| Common Stock | Disposition | 2022-01-24 | 25,000 | $0.00 | 154,539 | No | 4 | G | Direct | |
| Common Stock | Acquisiton | 2022-01-24 | 25,000 | $0.00 | 34,850 | No | 4 | G | Indirect | By family trust |
| Common Stock | Disposition | 2022-01-27 | 29,976 | $0.00 | 124,563 | No | 4 | G | Direct | |
| Common Stock | Acquisiton | 2022-01-27 | 14,892 | $0.00 | 49,742 | No | 4 | G | Indirect | By family trust |
| Common Stock | Acquisiton | 2022-01-27 | 15,084 | $0.00 | 107,740 | No | 4 | G | Indirect | By trust |
| Common Stock | Disposition | 2022-10-11 | 35,117 | $0.00 | 89,446 | No | 4 | G | Direct | |
| Common Stock | Acquisiton | 2022-10-11 | 35,117 | $0.00 | 36,346 | No | 4 | G | Indirect | By GRAT |
| Common Stock | Disposition | 2022-11-21 | 36,346 | $0.00 | 0 | No | 4 | G | Indirect | By GRAT |
| Common Stock | Acquisiton | 2022-11-21 | 12,231 | $0.00 | 119,971 | No | 4 | G | Indirect | By trust |
| Common Stock | Acquisiton | 2022-11-21 | 24,115 | $0.00 | 113,561 | No | 4 | G | Direct | |
| Common Stock | Disposition | 2023-02-14 | 18,642 | $275.47 | 31,100 | No | 4 | S | Indirect | By family trust |
| Common Stock | Disposition | 2023-02-14 | 1,496 | $276.18 | 29,604 | No | 4 | S | Indirect | By family trust |
| Common Stock | Disposition | 2023-02-15 | 11,715 | $275.17 | 17,889 | No | 4 | S | Indirect | By family trust |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | G | Indirect | By family trust |
| No | 4 | G | Indirect | By GRAT |
| No | 4 | G | Direct | |
| No | 4 | G | Indirect | By GRAT |
| No | 4 | G | Indirect | By GRAT |
| No | 4 | G | Indirect | By trust |
| No | 4 | G | Indirect | By GRAT |
| No | 4 | G | Direct | |
| No | 4 | G | Indirect | By trust |
| No | 4 | G | Indirect | By GRAT |
| No | 4 | G | Direct | |
| No | 4 | G | Direct | |
| No | 4 | G | Indirect | By family trust |
| No | 4 | G | Direct | |
| No | 4 | G | Indirect | By family trust |
| No | 4 | G | Indirect | By trust |
| No | 4 | G | Direct | |
| No | 4 | G | Indirect | By GRAT |
| No | 4 | G | Indirect | By GRAT |
| No | 4 | G | Indirect | By trust |
| No | 4 | G | Direct | |
| No | 4 | S | Indirect | By family trust |
| No | 4 | S | Indirect | By family trust |
| No | 4 | S | Indirect | By family trust |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 350 | Indirect | By daughter |
| Common Stock | 20,641 | Indirect | By family trust |
Footnotes
- The amount of securities listed in Column 5 reflects the total shares held following the transaction based on reference to the total reported in the Reporting Person's most recent Form 4, filed with the Securities and Exchange Commission ("SEC") on February 14, 2023.
- The Reporting Person's prior Form 4, dated February 14, 2023, understated the number of shares held by the Margaret C. Herbert 2018 Family Irrevocable GST Trust by 360 shares.
- Securities held by the Margaret C. Herbert 2018 Family Irrevocable GST Trust.
- The Reporting Person's prior Form 4, dated February 14, 2023, overstated the number of shares held by the Timothy P. Herbert 2018 Grantor Retained Annuity Trust by 3 shares of the Issuer's common stock.
- Securities held by the Timothy P. Herbert 2018 Grantor Retained Annuity Trust.
- The Reporting Person's prior Form 4, dated February 14, 2023, understated the number of shares held directly by the Reporting Person by 3 shares of the Issuer's common stock.
- Securities held by the Timothy P. Herbert 2020 Grantor Retained Annuity Trust.
- Securities held by the Timothy P. Herbert 2018 Family Continuation Trust c/u the Timothy P. Herbert 2018 Grantor Retained Annuity Trust.
- 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.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $275.00 to $275.96, inclusive. The Reporting Person undertakes to provide the Company, any security holder of the Company, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $276.00 to $276.43, inclusive. The Reporting Person undertakes to provide the Company, any security holder of the Company, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $275.00 to $275.94, inclusive. The Reporting Person undertakes to provide the Company, any security holder of the Company, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- Securities held by the Timothy P. Herbert 2013 Family Irrevocable GST Trust U/A/D November 27, 2013.
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