Insulet SVP reports equity grants and tax withholding
INSULET CORP senior vice president and general counsel John W. Kapples reported routine equity compensation and related tax withholding transactions.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 263 | $248.12 | $65K |
| Grant/Award | Employee Stock Option (Right to Buy) | 4,907 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 1,885 | $0.00 | $0.00 |
Footnotes (3)
- F1. 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.
- F2. This transaction represents the withholding of shares received upon the vesting of restricted stock units to cover the associated tax obligations.
- F3. 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
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What insider transactions did INSULET CORP (PODD) report for John W. Kapples?
What equity awards did John W. Kapples of INSULET CORP (PODD) receive?
How do the new restricted stock units for INSULET CORP (PODD) vest?
What is the vesting schedule for the new stock options at INSULET CORP (PODD)?
AI-generated analysis. How Rhea-AI works. Not financial advice.