Chris Diorio - Jun 23, 2023 Form 4 Insider Report for IMPINJ INC (PI)

Role: Chief Executive Officer, Director
Signature: /s/ Yukio Morikubo, Attorney in fact for Chris Diorio
Stock symbol: PI
Transactions as of: Jun 23, 2023
Transactions value $: -$88,781
Form type: 4
Date filed: 6/27/2023, 05:40 PM
Previous filing: Jun 20, 2023
Next filing: Jul 5, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PI	Common Stock	Options Exercise	$0	+2.59K	+0.88%	$0.00	296K	Jun 23, 2023	Direct
transaction	PI	Common Stock	Sale	-$44K	-515	-0.17%	$85.35	296K	Jun 26, 2023	Direct	F1, F2
transaction	PI	Common Stock	Sale	-$44.8K	-520	-0.18%	$86.20	295K	Jun 26, 2023	Direct	F1, F3
holding	PI	Common Stock						572K	Jun 23, 2023	by DFT L.L.C.

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	-2.59K	-8.33%	$0.00	28.5K	Jun 23, 2023	Common Stock	2.59K	$0.00	Direct	F4, F5

* 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 restricted stock units.
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 $84.80 to $85.74, 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 $85.83 to $86.50, 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	Each restricted stock unit represents a contingent right to receive one share of Impinj common stock.
F5	On March 23, 2022, the reporting person was granted 41,500 restricted stock units ("RSUs"), one fourth of which vested on March 23, 2023, with an additional one-sixteenth of such RSUs vesting every three months thereafter. One-sixteenth of these RSUs vested on June 23, 2023.