Cary Baker - 03 Nov 2021 Form 4 Insider Report for IMPINJ INC (PI)

Role: Chief Financial Officer
Signature: /s/ Yukio Morikubo, Attorney in fact for Cary Baker
Issuer symbol: PI
Transactions as of: 03 Nov 2021
Net transactions value: -$416,430
Form type: 4
Filing time: 05 Nov 2021, 17:24:05 UTC
Previous filing: 01 Nov 2021
Next filing: 29 Nov 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PI	Common Stock	Options Exercise	$303,570	+9,000	+44%	$33.73	29,566	03 Nov 2021	Direct
transaction	PI	Common Stock	Sale	$720,000	-9,000	-30%	$80.00	20,566	03 Nov 2021	Direct	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	Stock Option (right to buy)	Options Exercise	$0	-9,000	-15%	$0.000000	51,000	03 Nov 2021	Common Stock	9,000	$33.73	Direct	F2

* 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. Baker were effected pursuant to a Rule 10b5-1 trading plan adopted on March 12, 2021.
F2	Twenty-five percent (25%) of the shares subject to the option vested on February 24, 2021, then one-forty-eighth (1/48) of the shares subject to the option 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.