Chris Diorio - Sep 23, 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 23, 2023
Transactions value $
-$55,753
Form type
4
Date filed
9/26/2023, 05:40 PM
Previous filing
Sep 19, 2023
Next filing
Oct 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PI Common Stock Options Exercise $0 +2.59K +0.86% $0.00 303K Sep 23, 2023 Direct
transaction PI Common Stock Sale -$55.8K -1.01K -0.33% $55.20 302K Sep 25, 2023 Direct F1, F2
holding PI Common Stock 572K Sep 23, 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 -2.59K -9.09% $0.00 25.9K Sep 23, 2023 Common Stock 2.59K $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 $55.1001 to $55.21, 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 March 23, 2022, the reporting person was granted 41,500 RSUs, one fourth of which vested on March 23, 2023, with an additional one-sixteenth of such RSUs vesting every three months thereafter. One-sixteenth of these RSUs vested on September 23, 2023.