Daniel Patrick Gibson - Jun 10, 2021 Form 4 Insider Report for IMPINJ INC (PI)

Role
Director
Signature
/s/ Yukio Morikubo, Attorney in fact for Daniel Patrick Gibson
Stock symbol
PI
Transactions as of
Jun 10, 2021
Transactions value $
$0
Form type
4
Date filed
6/11/2021, 05:46 PM
Next filing
Aug 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PI Common Stock Options Exercise $0 +2.85K +34.89% $0.00 11K Jun 10, 2021 Direct
holding PI Common Stock 4.4M Jun 10, 2021 Control person of managed fund F1

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 -2.85K -100% $0.00* 0 Jun 10, 2021 Common Stock 2.85K $0.00 Direct F2, F3
transaction PI Restricted Stock Units Award $0 +870 $0.00 870 Jun 10, 2021 Common Stock 870 $0.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Sylebra Capital Limited ("SCL"), formally known as Sylebra HK Company Limited, may be deemed to beneficially own the Shares by virtue of its position as the investment manager to Sylebra Capital Partners Master Fund Limited and other advisory clients (together "SCPMF") in relation to the direct holders of the shares. Mr. Gibson owns 100% of the shares of SCL. In such capacities, SCL and Mr. Gibson may be deemed to have voting and dispositive power over the Shares held for the SCPMF.
F2 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Impinj common stock.
F3 On March 10, 2020, the reporting person was granted 3,561 RSUs. These RSUs fully vested on March 10, 2021.
F4 The restricted stock units will fully vest on June 10, 2022.