Chris Diorio - Jul 12, 2023 Form 4 Insider Report for IMPINJ INC (PI)

Role: Chief Executive Officer, Director
Signature: /s/ Yukio Morikubo, Attorney in fact for Chris Diorio
Stock symbol: PI
Transactions as of: Jul 12, 2023
Transactions value $: -$108,048
Form type: 4
Date filed: 7/14/2023, 04:55 PM
Previous filing: Jul 5, 2023
Next filing: Sep 19, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PI	Common Stock	Options Exercise	$0	+3.13K	+1.05%	$0.00	301K	Jul 12, 2023	Direct
transaction	PI	Common Stock	Sale	-$108K	-1.2K	-0.4%	$89.74	299K	Jul 13, 2023	Direct	F1, F2
holding	PI	Common Stock						572K	Jul 12, 2023	by DFT L.L.C.

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	Restricted Stock Units	Options Exercise	$0	-3.13K	-12.5%	$0.00	21.9K	Jul 12, 2023	Common Stock	3.13K	$0.00	Direct	F3, F4

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

Explanation of Responses:

Id	Content
F1	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 ("RSUs").
F2	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 $89.4201 to $89.875, 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.
F3	Each RSU represents a contingent right to receive one share of Impinj common stock.
F4	On April 12, 2021, the reporting person was granted 50,000 RSUs, one fourth of which vested on April 12, 2022, with an additional one-sixteenth of such RSUs vesting every three months thereafter. One-sixteenth of these RSUs vested on July 12, 2023.