Chris Diorio - Jun 15, 2021 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: Jun 15, 2021
Transactions value $: -$123,325
Form type: 4
Date filed: 6/17/2021, 04:54 PM
Next filing: Jul 6, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PI	Common Stock	Options Exercise	$0	+6.25K	+2.18%	$0.00	293K	Jun 15, 2021	Direct
transaction	PI	Common Stock	Sale	-$123K	-2.49K	-0.85%	$49.49	291K	Jun 16, 2021	Direct	F1, F2
holding	PI	Common Stock						640K	Jun 15, 2021	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	Restricted Stock Units	Options Exercise	$0	-6.25K	-25%	$0.00	18.8K	Jun 15, 2021	Common Stock	6.25K	$0.00	Direct	F3, F4

* 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 $49.27 to $49.80, 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	On June 15, 2020, the reporting person was granted 25,000 restricted stock units ("RSUs"), one fourth of which vested on June 15, 2021, with an additional one-sixteenth of such RSUs vesting every three months thereafter.