Chris Diorio - Jun 15, 2022 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, 2022
Transactions value $
-$30,964
Form type
4
Date filed
6/17/2022, 04:21 PM
Previous filing
Apr 14, 2022
Next filing
Jul 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PI Common Stock Options Exercise $0 +1.56K +0.5% $0.00 315K Jun 15, 2022 Direct
transaction PI Common Stock Sale -$31K -646 -0.2% $47.93 315K Jun 16, 2022 Direct F1, F2
holding PI Common Stock 590K Jun 15, 2022 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 -1.56K -11.11% $0.00 12.5K Jun 15, 2022 Common Stock 1.56K $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 $47.66 to $48.42, 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. One-sixteenth of these RSUs vested on June 15, 2022.