Cathal G. Phelan - Feb 11, 2022 Form 4 Insider Report for IMPINJ INC (PI)

Role: Director
Signature: Yukio Morikubo, Attorney in fact for Cathal G. Phelan
Stock symbol: PI
Transactions as of: Feb 11, 2022
Transactions value $: -$859,000
Form type: 4
Date filed: 2/15/2022, 03:27 PM
Previous filing: Jun 11, 2021
Next filing: Jun 13, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PI	Common Stock	Options Exercise	$516K	+20K	+150.83%	$25.78	33.3K	Feb 11, 2022	Direct
transaction	PI	Common Stock	Sale	-$1.37M	-20K	-60.13%	$68.73	13.3K	Feb 11, 2022	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	PI	Stock Option (right to buy)	Options Exercise	$0	-20K	-33.33%	$0.00	40K	Feb 11, 2022	Common Stock	20K	$25.78	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The option was approved on September 18, 2020 by the Compensation Committee of the Issuer's Board of Directors in connection with certain consulting services being provided by the Reporting Person. 1/24th of the shares subject to the option shall vest on October 21, 2020 and 1/24th of the shares subject to the option shall vest on each month thereafter, subject to the Reporting Person's continued service to the Issuer through each such date.

Content

The option was approved on September 18, 2020 by the Compensation Committee of the Issuer's Board of Directors in connection with certain consulting services being provided by the Reporting Person. 1/24th of the shares subject to the option shall vest on October 21, 2020 and 1/24th of the shares subject to the option shall vest on each month thereafter, subject to the Reporting Person's continued service to the Issuer through each such date.