Cathal G. Phelan - Oct 28, 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
Oct 28, 2022
Transactions value $
-$848,180
Form type
4
Date filed
11/1/2022, 07:02 PM
Previous filing
Oct 3, 2022
Next filing
Jan 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PI Common Stock Options Exercise $258K +10K +66.34% $25.78 25.1K Oct 28, 2022 Direct
transaction PI Common Stock Sale -$130K -1.2K -4.79% $108.14 23.9K Oct 28, 2022 Direct F1, F2
transaction PI Common Stock Sale -$76.4K -700 -2.93% $109.08 23.2K Oct 28, 2022 Direct F1, F3
transaction PI Common Stock Sale -$441K -4K -17.26% $110.35 19.2K Oct 28, 2022 Direct F1, F4
transaction PI Common Stock Sale -$316K -2.84K -14.79% $111.42 16.3K Oct 28, 2022 Direct F1, F5
transaction PI Common Stock Sale -$78.5K -700 -4.28% $112.19 15.6K Oct 28, 2022 Direct F1, F6
transaction PI Common Stock Sale -$63.9K -564 -3.61% $113.36 15.1K Oct 28, 2022 Direct F1, F7

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 -10K -50% $0.00 10K Oct 28, 2022 Common Stock 10K $25.78 Direct F8
* 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 $107.53 to $108.47, 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 $108.70 to $109.57, 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 $109.85 to $110.81, 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 $110.88 to $111.86, 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 "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 $111.89 to $112.74, 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.
F7 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 $112.94 to $113.58, 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.
F8 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. The Option fully vested on October 21, 2022.