Johanna Roberts - May 13, 2024 Form 4 Insider Report for Penumbra Inc (PEN)

Role
EVP, Gen. Counsel & Secretary
Signature
/s/ Johanna Roberts
Stock symbol
PEN
Transactions as of
May 13, 2024
Transactions value $
-$124,447
Form type
4
Date filed
5/15/2024, 07:34 PM
Previous filing
Apr 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction PEN Common Stock -Sell -$15,974 -78 -0.12% $204.80 64,010 May 13, 2024 Direct F1, F2, F3
transaction PEN Common Stock -Sell -$62,015 -301 -0.47% $206.03 63,709 May 13, 2024 Direct F1, F3, F4
transaction PEN Common Stock -Sell -$9,919 -48 -0.08% $206.65 63,661 May 13, 2024 Direct F1, F3, F5
transaction PEN Common Stock -Sell -$3,321 -16 -0.03% $207.57 63,645 May 13, 2024 Direct F1, F3
transaction PEN Common Stock -Sell -$6,697 -32 -0.05% $209.29 63,613 May 13, 2024 Direct F1, F3, F6
transaction PEN Common Stock -Sell -$6,525 -31 -0.05% $210.48 63,582 May 13, 2024 Direct F1, F3, F7
transaction PEN Common Stock -Sell -$7,631 -36 -0.06% $211.96 63,546 May 13, 2024 Direct F1, F3, F8
transaction PEN Common Stock -Sell -$9,148 -43 -0.07% $212.75 63,503 May 13, 2024 Direct F1, F3, F9
transaction PEN Common Stock -Sell -$3,216 -15 -0.02% $214.43 63,488 May 13, 2024 Direct F1, F3

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 sales were effected pursuant to the Reporting Person's Rule 10b5-1 trading plan.
F2 This transaction was executed in multiple trades at prices ranging from $204.54 to $205.23. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected.
F3 A portion of these shares is subject to vesting.
F4 This transaction was executed in multiple trades at prices ranging from $205.57 to $206.53. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected.
F5 This transaction was executed in multiple trades at prices ranging from $206.56 to $206.73. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected.
F6 This transaction was executed in multiple trades at prices ranging from $209.13 to $209.46. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected.
F7 This transaction was executed in multiple trades at prices ranging from $210.44 to $210.52. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected.
F8 This transaction was executed in multiple trades at prices ranging from $211.92 to $212.22. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected.
F9 This transaction was executed in multiple trades at prices ranging from $212.67 to $212.84. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected.