Equity awards and tax withholding for Insulet (PODD) SVP Kapples
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
INSULET CORP senior vice president and general counsel John W. Kapples reported routine equity compensation and related tax withholding transactions. On February 24, he received an annual grant of 1,885 shares of common stock as restricted stock units that vest in three equal installments and settle one-for-one in common shares. He also received an annual non-qualified stock option award for 4,907 shares, which becomes exercisable in four equal installments over four years. On February 25, 263 shares of common stock were withheld at a price of $248.12 per share to cover tax obligations from vesting RSUs, rather than sold in the open market. After these transactions, he directly held 28,119 shares of common stock and 4,907 stock options.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Kapples John W.
Role
SVP and General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 263 | $248.12 | $65K |
| Grant/Award | Employee Stock Option (Right to Buy) | 4,907 | $0.00 | -- |
| Grant/Award | Common Stock | 1,885 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 28,119 shares (Direct);
Employee Stock Option (Right to Buy) — 4,907 shares (Direct)
Footnotes (1)
- Annual Restricted Stock Unit ("RSU") award. RSUs vest in substantially equal installments on each of the first, second and third anniversaries of the grant date and are settled in shares of common stock on a one-for-one basis. This transaction represents the withholding of shares received upon the vesting of restricted stock units to cover the associated tax obligations. Annual Non-Qualified Stock Option ("Option") Award. The Options become exercisable in substantially equal installments on each of the first, second, third and fourth anniversaries of the grant date.
FAQ
What insider transactions did INSULET CORP (PODD) report for John W. Kapples?
John W. Kapples reported an annual grant of 1,885 restricted stock units, an annual option award for 4,907 shares, and withholding of 263 shares of common stock to cover tax obligations from vesting RSUs.
What equity awards did John W. Kapples of INSULET CORP (PODD) receive?
He received an annual restricted stock unit award of 1,885 shares and an annual non-qualified stock option award for 4,907 shares, both structured to vest in installments over multiple years following the grant date.
How do the new restricted stock units for INSULET CORP (PODD) vest?
The 1,885 restricted stock units vest in substantially equal installments on each of the first, second, and third anniversaries of the grant date, and are settled in shares of common stock on a one-for-one basis upon vesting.
What is the vesting schedule for the new stock options at INSULET CORP (PODD)?
The annual non-qualified stock option award for 4,907 shares becomes exercisable in substantially equal installments on each of the first, second, third, and fourth anniversaries of the grant date, reflecting a four-year vesting schedule.