Hussein Mecklai - Feb 10, 2023 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
Feb 10, 2023
Transactions value $
-$456,093
Form type
4
Date filed
2/13/2023, 04:13 PM
Previous filing
Feb 1, 2023
Next filing
Feb 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PI Common Stock Options Exercise $34.9K +1.3K +5.79% $26.84 23.8K Feb 10, 2023 Direct
transaction PI Common Stock Options Exercise $20.8K +781 +3.28% $26.62 24.6K Feb 10, 2023 Direct
transaction PI Common Stock Sale -$349K -2.85K -11.58% $122.70 21.7K Feb 10, 2023 Direct F1, F2
transaction PI Common Stock Sale -$163K -1.3K -5.99% $125.00 20.4K Feb 10, 2023 Direct F1

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 -1.3K -21.74% $0.00 4.69K Feb 10, 2023 Common Stock 1.3K $26.84 Direct F3
transaction PI Stock Option (right to buy) Options Exercise $0 -781 -21.73% $0.00 2.81K Feb 10, 2023 Common Stock 781 $26.62 Direct F3
* 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. Mecklai 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 $122.26 to $123.06, 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 One-fourth of the shares subject to the option vested on June 15, 2021, and 1/48th of the shares subject to the option shall vest each month thereafter, subject to the Reporting Person's continued service to the Issuer through such date.