Hussein Mecklai - Jul 28, 2022 Form 4 Insider Report for IMPINJ INC (PI)

Signature
/s/ Yukio Morikubo, attorney in fact on behalf of Hussein Mecklai
Stock symbol
PI
Transactions as of
Jul 28, 2022
Transactions value $
-$1,272,409
Form type
4
Date filed
8/1/2022, 08:24 PM
Previous filing
Jul 14, 2022
Next filing
Aug 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PI Common Stock Options Exercise $59.9K +3.37K +8.51% $17.75 43K Jul 28, 2022 Direct
transaction PI Common Stock Options Exercise $60.3K +1.67K +3.87% $36.20 44.7K Jul 28, 2022 Direct
transaction PI Common Stock Options Exercise $55.9K +2.08K +4.67% $26.84 46.7K Jul 28, 2022 Direct
transaction PI Common Stock Options Exercise $33.3K +1.25K +2.68% $26.62 48K Jul 28, 2022 Direct
transaction PI Common Stock Sale -$672K -8.38K -17.45% $80.25 39.6K Jul 28, 2022 Direct F1
transaction PI Common Stock Sale -$756K -9K -22.71% $84.00 30.6K Jul 28, 2022 Direct F1
transaction PI Common Stock Options Exercise $0 +625 +2.04% $0.00 31.3K Jul 31, 2022 Direct
transaction PI Common Stock Options Exercise $7.57K +209 +0.67% $36.20 31.5K Aug 1, 2022 Direct
transaction PI Common Stock Options Exercise $6.98K +260 +0.83% $26.84 31.7K Aug 1, 2022 Direct
transaction PI Common Stock Options Exercise $4.15K +156 +0.49% $26.62 31.9K Aug 1, 2022 Direct
transaction PI Common Stock Sale -$51.5K -625 -1.96% $82.33 31.3K Aug 1, 2022 Direct F1
transaction PI Common Stock Sale -$21K -246 -0.79% $85.32 31K Aug 1, 2022 Direct F2, F3

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 -3.37K -4.45% $0.00 72.4K Jul 28, 2022 Common Stock 3.37K $17.75 Direct F4
transaction PI Stock Option (right to buy) Options Exercise $0 -1.67K -38.08% $0.00 2.71K Jul 28, 2022 Common Stock 1.67K $36.20 Direct F5
transaction PI Stock Option (right to buy) Options Exercise $0 -2.08K -25.01% $0.00 6.25K Jul 28, 2022 Common Stock 2.08K $26.84 Direct F6
transaction PI Stock Option (right to buy) Options Exercise $0 -1.25K -25.01% $0.00 3.75K Jul 28, 2022 Common Stock 1.25K $26.62 Direct F6
transaction PI Restricted Stock Units Options Exercise $0 -625 -20% $0.00 2.5K Jul 31, 2022 Common Stock 625 $0.00 Direct F7, F8
transaction PI Stock Option (right to buy) Options Exercise $0 -209 -7.72% $0.00 2.5K Aug 1, 2022 Common Stock 209 $36.20 Direct F5
transaction PI Stock Option (right to buy) Options Exercise $0 -260 -4.16% $0.00 5.99K Aug 1, 2022 Common Stock 260 $26.84 Direct F6
transaction PI Stock Option (right to buy) Options Exercise $0 -156 -4.16% $0.00 3.59K Aug 1, 2022 Common Stock 156 $26.62 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported by Mr. Mecklai were effected pursuant to a Rule 10b5-1 trading plan effective on February 11, 2022.
F2 These shares were disposed of in non-discretionary transactions to cover the reporting person's tax withholding obligations in connection with the settlement of an award of restricted stock units.
F3 The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $85.27 to $85.53, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F4 One-fourth of the shares subject to the option vested on December 5, 2019, and 1/48th of the shares subject to the option shall vest each month thereafter, subject to the Reporting Person's continued service to the Issuer through such date.
F5 One-fourth of the shares subject to the option vested July 31, 2020, and 1/48th of the shares subject to the option shall vest each month thereafter, subject to the Reporting Person's continued service to the Issuer through such date.
F6 One-fourth of the shares subject to the option vested on June 15, 2021, and 1/48th of the shares subject to the option shall vest each month thereafter, subject to the Reporting Person's continued service to the Issuer through such date.
F7 Each restricted stock unit represents a contingent right to receive one share of Impinj common stock.
F8 On July 31, 2019, the reporting person was granted 10,000 restricted stock units ("RSUs"). One-sixteenth of these RSUs vested on July 31 2022.