Insulet SVP gets stock, options; withholds shares
INSULET CORP senior vice president Laetitia Cousin reported equity compensation and related tax withholding transactions.
Rhea-AI Filing Summary
INSULET CORP senior vice president Laetitia Cousin reported equity compensation and related tax withholding transactions. She received an annual grant of 1,044 shares of common stock as restricted stock units that vest in three substantially equal installments on the first, second and third anniversaries of the grant date.
She also received an annual non-qualified stock option award for 2,718 shares that becomes exercisable in four substantially equal installments on each of the first four anniversaries of the grant date. In a separate transaction, 111 shares of common stock were withheld at a price of $248.12 per share to cover tax obligations upon RSU vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 111 | $248.12 | $28K |
| Grant/Award | Employee Stock Option (Right to Buy) | 2,718 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 1,044 | $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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did INSULET CORP (PODD) report for Laetitia Cousin?
How many restricted stock units did Laetitia Cousin receive at INSULET CORP (PODD)?
What are the terms of Laetitia Cousin’s stock option grant at INSULET CORP (PODD)?
Did Laetitia Cousin’s Form 4 show open-market buying or selling of INSULET CORP (PODD) stock?
AI-generated analysis. How Rhea-AI works. Not financial advice.