Hussein Mecklai - Feb 11, 2022 Form 4 Insider Report for IMPINJ INC (PI)

Signature
/s/ Yukio Morikubo, Attorney in fact for Hussein Mecklai
Stock symbol
PI
Transactions as of
Feb 11, 2022
Transactions value $
-$443,029
Form type
4
Date filed
2/15/2022, 03:33 PM
Previous filing
Feb 15, 2022
Next filing
Mar 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PI Common Stock Award $0 +16K +64.1% $0.00 40.9K Feb 11, 2022 Direct F1
transaction PI Common Stock Sale -$443K -6.51K -15.93% $68.02 34.4K Feb 14, 2022 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 7, 2021, the Reporting Person was granted performance restricted stock units (PSUs). The PSUs vested upon the Reporting Person's satisfaction of certain performance criteria. On February 11, 2022, the Issuer's Board of Directors determined the level at which the corporate performance goals were attained, resulting in the vesting of 15,975 shares of Common Stock underlying the PSUs.
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 PSUs.
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 $66.88 to $70.84, 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.