Cary Baker - Feb 10, 2023 Form 4 Insider Report for IMPINJ INC (PI)

Role
Chief Financial Officer
Signature
/s/ Yukio Morikubo, Attorney in fact for Cary Baker
Stock symbol
PI
Transactions as of
Feb 10, 2023
Transactions value $
-$501,534
Form type
4
Date filed
2/13/2023, 04:07 PM
Previous filing
Jan 17, 2023
Next filing
Feb 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PI Common Stock Options Exercise $101K +3K +8.2% $33.73 39.6K Feb 10, 2023 Direct
transaction PI Common Stock Sale -$326K -2.71K -6.85% $120.07 36.9K Feb 10, 2023 Direct F1, F2
transaction PI Common Stock Sale -$172K -1.42K -3.86% $120.84 35.4K Feb 10, 2023 Direct F1, F3
transaction PI Common Stock Sale -$105K -866 -2.44% $121.53 34.6K Feb 10, 2023 Direct F1, F4

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 -3K -6.67% $0.00 42K Feb 10, 2023 Common Stock 3K $33.73 Direct F5
* 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. Baker were effected pursuant to a Rule 10b5-1 trading plan effective on February 10, 2023.
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 $119.31 to $120.25, 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 $120.31 to $121.28, 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 $121.325 to $121.90, 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 Twenty-five percent (25%) of the shares subject to the option vested on February 24, 2021, then one-forty-eighth (1/48) of the shares subject to the option vest every month thereafter (on the same day of the month), subject to the reporting person continuing to be a Service Provider, as defined in the Issuer's 2016 Equity Incentive Plan.