Lambert Shiu - Nov 15, 2021 Form 4 Insider Report for Penumbra Inc (PEN)

Role
Chief Accounting Officer
Signature
/s/ Johanna Roberts, as attorney-in-fact for Lambert Shiu
Stock symbol
PEN
Transactions as of
Nov 15, 2021
Transactions value $
-$33,471
Form type
4
Date filed
11/17/2021, 06:48 PM
Previous filing
Oct 19, 2021
Next filing
Jun 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PEN Common Stock Tax liability -$33.5K -130 -1.4% $257.47 9.17K Nov 15, 2021 Direct F1, F2
transaction PEN Common Stock Award $0 +3.75K +40.91% $0.00 12.9K Nov 15, 2021 Direct F2, F3
holding PEN Common Stock 300 Nov 15, 2021 By Spouse's IRA F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares were withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units (RSUs) granted to the Reporting Person.
F2 A portion of these shares is subject to vesting.
F3 On November 15, 2021, the Reporting Person was granted 3,750 RSUs under the Issuer's Amended and Restated 2014 Equity Incentive Plan, of which 1/4 of the RSUs will vest equally on an annual basis, beginning on November 15, 2022, subject to continued service by the Reporting Person on the applicable vesting date.
F4 Shares are held by the Reporting Person's spouse in an IRA.