Cary Baker - 24 May 2023 Form 4 Insider Report for IMPINJ INC (PI)

Signature
/s/ Yukio Morikubo, Attorney in fact for Cary Baker
Issuer symbol
PI
Transactions as of
24 May 2023
Net transactions value
-$140,591
Form type
4
Filing time
25 May 2023, 16:23:09 UTC
Previous filing
14 Apr 2023
Next filing
12 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PI Common Stock Options Exercise $0 +3,750 +8.2% $0.000000 49,687 24 May 2023 Direct
transaction PI Common Stock Sale $140,591 -1,453 -2.9% $96.76 48,234 25 May 2023 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 -3,750 -25% $0.000000 11,250 24 May 2023 Common Stock 3,750 $0.000000 Direct F3, F4
* 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 PSUs or restricted stock units ("RSUs").
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 $96.645 to $96.835, 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 February 24, 2020, the reporting person was granted 60,000 restricted stock units ("RSUs"), one sixteenth of which vested on May 24, 2023.