Company: INSP
Filing Date: 2025-03-18
Form Type: DEF 14A
Source: 0001140361-25-009249
Chunk: 31

Company: Inspire Medical Systems, Inc.
Filing Date: 2025-03-18
Form: DEF 14A
Chunk 31
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5, in connection with the addition of the Quality, Product Supply, and Technology Committee, the Board further amended the policy upon the recommendation of the Organization and Compensation Committee to provide an additional annual cash retainer of $15,000 for the chair and $7,500 for non-chair members of the new committee. Equity Compensation. In addition to the cash compensation described above, each of our non-employee directors is eligible to receive an award of restricted stock units (“RSUs”) as compensation for his or her service on the Board. Upon a director’s initial election or appointment to the Board, such director will receive an award of RSUs having a grant date fair value of $270,000, which award will vest in three equal installments following the grant date. On an annual basis thereafter, on the date of the annual meeting, each non-employee director is eligible to receive an award

| Inspire Medical Systems, Inc. |     | 26 |     | 2025 Proxy Statement |

TABLE OF CONTENTS

| DIRECTOR COMPENSATION |

of RSUs having a grant date fair value of $180,000, which award will vest on the first anniversary of the grant date. The initial and annual awards will be subject to the director’s continuing service through the applicable vesting dates. All initial and annual awards will vest in full immediately prior to the occurrence of a Change in Control (as defined in the 2018 Plan). Director Compensation Table for Fiscal 2024 The following table sets forth information concerning the compensation of our non-employee directors for the fiscal year ended December 31, 2024:

| Name                          |     | Fees Earned or Paid 
             in Cash 
                 ($) |     | Stock Awards 
    ($)(2)(4) |     |   Total 
     ($) |
| Shelley G. Broader            |     |           65,000(1) |     |      180,000 |     | 245,000 |
| Cynthia B. Burks              |     |              57,500 |     |      180,000 |     | 237,500 |
| Myriam J. Curet, M.D.         |     |              57,500 |     |      180,000 |     | 237,500 |
| Gary L. Ellis                 |     |           86,187(1) |     |      180,000 |     | 266,187 |
| Georgia Garinois-Melenikiotou