Cathal G. Phelan - Jul 29, 2022 Form 4 Insider Report for IMPINJ INC (PI)

Role
Director
Signature
Yukio Morikubo, Attorney in fact for Cathal G. Phelan
Stock symbol
PI
Transactions as of
Jul 29, 2022
Transactions value $
-$1,127,498
Form type
4
Date filed
8/2/2022, 05:12 PM
Previous filing
Jun 13, 2022
Next filing
Oct 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PI Common Stock Options Exercise $516K +20K +132.69% $25.78 35.1K Jul 29, 2022 Direct
transaction PI Common Stock Sale -$42.5K -529 -1.51% $80.37 34.5K Jul 29, 2022 Direct F1, F2
transaction PI Common Stock Sale -$110K -1.34K -3.89% $81.59 33.2K Jul 29, 2022 Direct F1, F3
transaction PI Common Stock Sale -$1.47M -17.9K -54% $82.23 15.3K Jul 29, 2022 Direct F1, F4
transaction PI Common Stock Sale -$16.8K -200 -1.31% $83.87 15.1K Jul 29, 2022 Direct F1, F5

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 -20K -50% $0.00 20K Jul 29, 2022 Common Stock 20K $25.78 Direct 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. Phelan were effected pursuant to a Rule 10b5-1 trading plan effective on February 11, 2022.
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 $80.03 to $80.99, 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 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 $81.07 to $82.00, 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 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 $82.20 to $82.93, 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.
F5 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 $83.78 to $83.96, 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.
F6 The option was approved on September 18, 2020 by the Compensation Committee of the Issuer's Board of Directors in connection with certain consulting services being provided by the Reporting Person. 1/24th of the shares subject to the option shall vest on October 21, 2020 and 1/24th of the shares subject to the option shall vest on each month thereafter, subject to the Reporting Person's continued service to the Issuer through each such date.