Hussein Mecklai - 28 Feb 2023 Form 4 Insider Report for IMPINJ INC (PI)

Signature
/s/ Yukio Morikubo, attorney in fact on behalf of Hussein Mecklai
Issuer symbol
PI
Transactions as of
28 Feb 2023
Net transactions value
-$703,500
Form type
4
Filing time
01 Mar 2023, 15:59:03 UTC
Previous filing
27 Feb 2023
Next filing
17 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PI Common Stock Options Exercise $106,500 +6,000 +22% $17.75 33,425 28 Feb 2023 Direct
transaction PI Common Stock Sale $810,000 -6,000 -18% $135.00 27,425 28 Feb 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 -6,000 -11% $0.000000 48,384 28 Feb 2023 Common Stock 6,000 $17.75 Direct F2
* 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 One-fourth of the shares subject to the option vested on December 5, 2019, 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.