Company: INSP
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0001609550-25-000032
Chunk: 3

Company: Inspire Medical Systems, Inc.
Filing Date: 2025-08-04
Form: 10-Q
Item: Part II, Item 1A
Chunk 3
---
mination DateAggregate Number of Shares of Common Stock to be SoldExpiration DateJohn RondoniChief Product and Innovation OfficerAdoptMay 28, 202539,659(1)May 12, 2026John RondoniChief Product and Innovation OfficerTerminateMay 13, 202521,832May 30, 2025(1) This number includes shares of our common stock issuable pursuant to unvested restricted stock units (“RSU”) that are scheduled to vest during the term of the 10b5-1 plan, subject to time-based vesting conditions set forth in the applicable RSU award agreement. This number also includes shares of our common stock issuable pursuant to performance stock units (“PSU”) that may vest during the term of the 10b5-1 plan, subject to the achievement of certain performance conditions as set forth in the applicable PSU agreement. The actual number of PSUs that vest following the end of the applicable performance period, if any, and therefore the resulting shares of our common stock available for sale under the plan will depend on the attainment of the performance metrics. Also, shares of our common stock issuable pursuant to vested RSUs and PSUs will be subject to tax withholding obligations that may reduce the net shares actually issued and therefore available for sale under the applicable plan; however, the maximum aggregate gross number of shares of our common stock included in the applicable plan is reported in this table without reduction for such future tax obligations and assuming maximum achievement of the performance conditions under the PSUs.

There were no other "Rule 10b5-1 trading arrangements" or "non-Rule 10b5-1 trading arrangements," as each term is defined in Item 408(a) of Regulation S-K, adopted, modified or terminated by the Company’s directors or "officers" (as defined in Rule 16a-1(f) of the Exchange Act) during the three months ended June 30, 2025.

44

Item 6.    Exhibits. 

ExhibitNumberDescriptionFormFile No.ExhibitFilingDateFiled/FurnishedHerewith3.1 Seventh Amended and Restated Certificate of Incorporation of Inspire Medical Systems, Inc.8-K001-384683.15/7/20183.2 Amended and Restated Bylaws of Inspire Medical Systems, Inc.8-K001-384683.25/7/201831.1 Certification of Principal Executive Officer Purs