Chris Diorio - Feb 15, 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
Feb 15, 2024
Transactions value $
-$833,518
Form type
4
Date filed
2/20/2024, 04:31 PM
Previous filing
Jan 17, 2024
Next filing
Feb 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PI Common Stock Options Exercise $109K +5K +1.97% $21.81 258K Feb 15, 2024 Direct
transaction PI Common Stock Sale -$525K -5K -1.94% $105.00 253K Feb 15, 2024 Direct F1
transaction PI Common Stock Options Exercise $109K +5K +1.97% $21.81 258K Feb 16, 2024 Direct
transaction PI Common Stock Sale -$527K -5K -1.94% $105.32 253K Feb 16, 2024 Direct F2
holding PI Common Stock 572K Feb 15, 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 Stock Option (right to buy) Options Exercise $0 -5K -10.72% $0.00 41.7K Feb 15, 2024 Common Stock 5K $21.81 Direct F3
transaction PI Stock Option (right to buy) Options Exercise $0 -5K -12% $0.00 36.7K Feb 16, 2024 Common Stock 5K $21.81 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 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 $105.00 to $105.13, 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.
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 $105.00 to $105.98, 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 option became fully vested on August 23, 2020.