Hussein Mecklai - 30 Apr 2022 Form 4 Insider Report for IMPINJ INC (PI)

Signature
/s/ Yukio Morikubo, attorney in fact on behalf of Hussein Mecklai
Issuer symbol
PI
Transactions as of
30 Apr 2022
Net transactions value
-$12,146
Form type
4
Filing time
03 May 2022, 19:12:32 UTC
Previous filing
14 Apr 2022
Next filing
17 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PI Common Stock Options Exercise $0 +625 +1.7% $0.000000 38,472 30 Apr 2022 Direct
transaction PI Common Stock Sale $12,146 -237 -0.62% $51.25 38,235 02 May 2022 Direct F1, F2

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 -625 -17% $0.000000 3,125 30 Apr 2022 Common Stock 625 $0.000000 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 $51.20 to $51.25, 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 July 31, 2019, the reporting person was granted 10,000 restricted stock units ("RSUs"). One-sixteenth of these RSUs vested on April 30, 2022.