Jeffrey Dossett - Jul 30, 2021 Form 4 Insider Report for IMPINJ INC (PI)

Role
Chief Revenue Officer
Signature
/s/ Yukio Morikubo, Attorney in fact for Jeffrey Dossett
Stock symbol
PI
Transactions as of
Jul 30, 2021
Transactions value $
-$67,721
Form type
4
Date filed
8/3/2021, 04:43 PM
Previous filing
Jun 17, 2021
Next filing
Sep 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PI Common Stock Options Exercise $26K +1.5K +4.05% $17.33 38.5K Jul 30, 2021 Direct
transaction PI Common Stock Sale -$65.4K -1.5K -3.89% $43.60 37K Jul 30, 2021 Direct F1
transaction PI Common Stock Options Exercise $0 +1.56K +4.22% $0.00 38.6K Jul 31, 2021 Direct
transaction PI Common Stock Sale -$28.3K -606 -1.57% $46.73 38K Aug 2, 2021 Direct F2, F3

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 -1.5K -2.6% $0.00 56.3K Jul 30, 2020 Common Stock 1.5K $17.33 Direct F4
transaction PI Restricted Stock Unit Options Exercise $0 -1.56K -11.11% $0.00 12.5K Jul 31, 2021 Common Stock 1.56K $0.00 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported by Mr. Dossett were effected pursuant to a Rule 10b5-1 trading plan adopted on September 14, 2020.
F2 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.
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 $46.705 to $46.75, 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 One-fourth of the shares subject to the option vested on November 16, 2018, and 1/48th of the shares subject to the option shall vest on the 3rd day of each month thereafter
F5 Each restricted stock unit represents a contingent right to receive one share of Impinj common stock.
F6 On July 31, 2019, the reporting person was granted 25,000 restricted stock units ("RSUs"). One-sixteenth of these RSUs vested on July 31, 2021.