Chris Diorio - Sep 15, 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
Sep 15, 2023
Transactions value $
-$39,324
Form type
4
Date filed
9/19/2023, 07:38 PM
Previous filing
Jul 14, 2023
Next filing
Sep 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PI Common Stock Options Exercise $0 +1.56K +0.52% $0.00 301K Sep 15, 2023 Direct F1
transaction PI Common Stock Sale -$39.3K -622 -0.21% $63.22 301K Sep 18, 2023 Direct F2
holding PI Common Stock 572K Sep 15, 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 -1.56K -24.99% $0.00 4.69K Sep 15, 2023 Common Stock 1.56K $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 The amount of securities beneficially owned includes 201 shares acquired on August 18, 2023 under the Impinj, Inc. 2016 Employee Stock Purchase Plan, in a transaction exempt under Rule 16b-3(c) that is being voluntarily reported by the reporting person on this Form 4.
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 ("RSUs").
F3 Each RSU represents a contingent right to receive one share of Impinj common stock.
F4 On June 15, 2020, the reporting person was granted 25,000 RSUs, one fourth of which vested on June 15, 2021, with an additional one-sixteenth of such RSUs vesting every three months thereafter. One-sixteenth of these RSUs vested on September 15, 2023.