Company: INSP
Filing Date: 2025-03-18
Form Type: DEF 14A
Source: 0001140361-25-009249
Chunk: 66

Company: Inspire Medical Systems, Inc.
Filing Date: 2025-03-18
Form: DEF 14A
Chunk 66
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 and payout value are reported at the threshold level. |

| (6) | Represents PSUs granted in February 2024. The performance objectives for this plan are specified levels of revenue and operating income over the three-year performance period ending December 31, 2026. Because cumulative performance for the three-year performance period applicable to these PSUs has not yet surpassed the threshold level established for payout, the number of shares and payout value are reported at the threshold level. |

| Inspire Medical Systems, Inc. |     | 53 |     | 2025 Proxy Statement |

TABLE OF CONTENTS

| EXECUTIVE COMPENSATION |

Option Exercises and Stock Vested — Fiscal 2024 The following table shows stock options exercised and RSUs vested for our NEOs during fiscal 2024.

|                      |     |        Option Awards |     |                   |     |        Stock Awards |     |                |
| Name                 |     |     Number of shares 
 acquired on exercise 
                  (#) |     | Value realized on 
          exercise 
            ($)(1) |     |    Number of shares 
 acquired on vesting 
                 (#) |     | Value realized 
     on vesting 
         ($)(2) |
| Timothy P. Herbert   |     |                    — |     |                 — |     |                   — |     |              — |
| Randall A. Ban       |     |               36,290 |     |         5,792,633 |     |                   — |     |              — |
| Richard J. Buchholz  |     |                    — |     |                 — |     |                   — |     |              — |
| Bryan K. Phillips    |     |                    — |     |                 — |     |                 569 |     |        123,251 |
| Carlton W. Weatherby |     |                    — |     |                 — |     |                   — |     |              — |

| (1) | Represents the difference between the option exercise price and the closing price of our common stock, as reported on the New York Stock Exchange, on the date of exercise, multiplied by the number of shares of our common stock underlying the stock options that were exercised. |

| (2) | Represents the product of the number of RSUs that vested, multiplied by the closing price of our common stock, as reported on the New York Stock Exchange, on the date of vesting. Includes shares of our common stock that were withheld in connection with the