Cathal G. Phelan - Mar 23, 2024 Form 4 Insider Report for IMPINJ INC (PI)

Role
CHIEF INNOVATION OFFICER, Director
Signature
/s/ Yukio Morikubo, Attorney in fact for Cathal G. Phelan
Stock symbol
PI
Transactions as of
Mar 23, 2024
Transactions value $
-$106,668
Form type
4
Date filed
3/26/2024, 08:02 PM
Previous filing
Feb 21, 2024
Next filing
Apr 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PI Common Stock Options Exercise $0 +1.65K +6.61% $0.00 26.6K Mar 23, 2024 Direct
transaction PI Common Stock Sale -$107K -841 -3.16% $126.83 25.8K Mar 25, 2024 Direct F1, F2

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 -1.65K -24.99% $0.00 4.96K Mar 23, 2024 Common Stock 1.65K $0.00 Direct F3, F4
transaction PI Restricted Stock Units Award $0 +8.47K $0.00 8.47K Mar 23, 2024 Common Stock 8.47K $0.00 Direct F3, 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.
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 $126.71 to $126.9901 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 restricted stock unit represents a contingent right to receive one share of Impinj common stock.
F4 One-fourth of the shares subject to the grant vested on March 23, 2024, and 1/16th of the shares subject to the grant shall vest each quarter thereafter, subject to the Reporting Person's continued service to the Issuer through such date.
F5 One-fourth of the shares subject to the grant shall vest on March 23, 2025, and 1/16th of the shares subject to the grant shall vest each quarter thereafter, subject to the Reporting Person's continued service to the Issuer through such date.