Cathal G. Phelan - 01 Jan 2023 Form 4 Insider Report for IMPINJ INC (PI)

Signature
/s/ Yukio Morikubo, Attorney in fact for Cathal G. Phelan
Issuer symbol
PI
Transactions as of
01 Jan 2023
Net transactions value
$0
Form type
4
Filing time
04 Jan 2023, 18:21:43 UTC
Previous filing
01 Nov 2022
Next filing
21 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PI Common Stock Options Exercise $0 +2,000 +13% $0.000000 17,073 01 Jan 2023 Direct

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 -2,000 -25% $0.000000 6,000 01 Jan 2023 Common Stock 2,000 $0.000000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Impinj common stock.
F2 The RSUs were approved by the Compensation Committee of the Issuer's Board of Directors on October 1, 2022. 25% of the RSUs vested on January 1, 2023 and the remaining RSUs vest equally on each of April 1, 2023, July 1, 2023 and October 1, 2023, subject in each case to the Reporting Person continuing to be a service provider on each such vesting date.