Hussein Mecklai - Dec 15, 2022 Form 4 Insider Report for IMPINJ INC (PI)

Role
Chief Operating Officer
Signature
/s/ Yukio Morikubo, attorney in fact on behalf of Hussein Mecklai
Stock symbol
PI
Transactions as of
Dec 15, 2022
Transactions value $
-$53,923
Form type
4
Date filed
12/19/2022, 04:20 PM
Previous filing
Nov 2, 2022
Next filing
Jan 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PI Common Stock Options Exercise $0 +781 +3.76% $0.00 21.6K Dec 15, 2022 Direct
transaction PI Common Stock Options Exercise $0 +469 +2.18% $0.00 22K Dec 15, 2022 Direct
transaction PI Common Stock Sale -$53.9K -491 -2.23% $109.82 21.5K Dec 16, 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 -781 -14.28% $0.00 4.69K Dec 15, 2022 Common Stock 781 $0.00 Direct F3, F4
transaction PI Restricted Stock Units Options Exercise $0 -469 -14.29% $0.00 2.81K Dec 15, 2022 Common Stock 469 $0.00 Direct F3, F5
* 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 $109.6401 to $109.87, 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 12,500 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 December 15, 2022.
F5 On June 29, 2020, the reporting person was granted 7,500 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 December 15, 2022.