Cary Baker - May 2, 2024 Form 4 Insider Report for IMPINJ INC (PI)

Role
CHIEF FINANCIAL OFFICER
Signature
/s/ Yukio Morikubo, Attorney in fact for Cary Baker
Stock symbol
PI
Transactions as of
May 2, 2024
Transactions value $
-$1,253,500
Form type
4
Date filed
5/3/2024, 05:00 PM
Previous filing
Apr 16, 2024
Next filing
Jun 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PI Common Stock Options Exercise $337K +10K +14.72% $33.73 77.9K May 2, 2024 Direct
transaction PI Common Stock Sale -$133K -843 -1.08% $157.19 77.1K May 2, 2024 Direct F1
transaction PI Common Stock Sale -$713K -4.5K -5.83% $158.59 72.6K May 2, 2024 Direct F2
transaction PI Common Stock Sale -$558K -3.5K -4.82% $159.61 69.1K May 2, 2024 Direct F3
transaction PI Common Stock Sale -$187K -1.16K -1.68% $160.75 67.9K May 2, 2024 Direct F4

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 -10K -36.77% $0.00 17.2K May 2, 2024 Common Stock 10K $33.73 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 $157.07 to $157.37, 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 $158.13 to $159.095, 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 $159.35 to $160.295, 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 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 $160.41 to $161.29, 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.
F5 Twenty-five percent (25%) of the shares subject to the option will vest on February 24, 2021, then one-forty-eighth (1/48) of the shares subject to the option will vest every month thereafter (on the same day of the month), subject to the reporting person continuing to be a Service Provider, as defined in the Issuer's 2016 Equity Incentive Plan.