Daniel Patrick Gibson - Jun 8, 2023 Form 4 Insider Report for IMPINJ INC (PI)

Role
Director
Signature
/s/ Yukio Morikubo, Attorney in fact for Daniel Patrick Gibson
Stock symbol
PI
Transactions as of
Jun 8, 2023
Transactions value $
$0
Form type
4
Date filed
6/12/2023, 05:17 PM
Previous filing
Aug 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PI Common Stock Options Exercise $0 +3.53K +27.51% $0.00 16.4K Jun 8, 2023 Direct
holding PI Common Stock 2.85M Jun 8, 2023 See footnote 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 Restricted Stock Units Options Exercise $0 -3.53K -100% $0.00* 0 Jun 8, 2023 Common Stock 3.53K $0.00 Direct F2, F3
transaction PI Restricted Stock Units Award $0 +1.73K $0.00 1.73K Jun 8, 2023 Common Stock 1.73K $0.00 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Sylebra Capital Limited (Sylebra HK) is the investment sub-adviser to Sylebra Capital Partners Master Fund, Ltd. (SCPMF), Sylebra Capital Parc Master Fund (PARCMF),Sylebra Capital Menlo Master Fund (MENLO MF), and other advisory clients. Sylebra Capital Management (Sylebra Cayman) is the investment manager and parent of Sylebra HK. Sylebra Cayman owns 100% of the shares of Sylebra HK. Daniel Gibson (Mr. Gibson) owns more than 99% of the shares of Sylebra Cayman. In such capacities, Sylebra HK, Sylebra Cayman and Mr. Gibson may be deemed to share voting and dispositive power over the shares of common stock of the Issuer held by SCP MF, PARCMF, MENLO MF, and other advisory clients.
F2 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Impinj common stock.
F3 On June 9, 2022, the reporting person was granted 3,529 RSUs. These RSUs fully vested on June 8, 2023.
F4 The restricted stock units will fully vest on the earlier of June 8, 2024 or the date of the 2024 annual meeting of stockholders.