Chris Diorio - Jan 12, 2024 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
Jan 12, 2024
Transactions value $
-$69,394
Form type
4
Date filed
1/17/2024, 05:01 PM
Previous filing
Dec 27, 2023
Next filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PI Common Stock Options Exercise $0 +3.13K +1.24% $0.00 254K Jan 12, 2024 Direct
transaction PI Common Stock Sale -$55.5K -685 -0.27% $81.07 253K Jan 16, 2024 Direct F1, F2
transaction PI Common Stock Sale -$13.9K -170 -0.07% $81.54 253K Jan 16, 2024 Direct F1, F3
holding PI Common Stock 572K Jan 12, 2024 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 -16.67% $0.00 15.6K Jan 12, 2024 Common Stock 3.13K $0.00 Direct F4, F5
* 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 $80.41 to $81.40, 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 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 $81.46 to $81.65, 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 Each RSU represents a contingent right to receive one share of Impinj common stock.
F5 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 January 12, 2024.