Hussein Mecklai - Sep 15, 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
Sep 15, 2023
Transactions value $
-$31,563
Form type
4
Date filed
9/19/2023, 06:45 PM
Previous filing
Aug 2, 2023
Next filing
Sep 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PI Common Stock Options Exercise $0 +781 +2.19% $0.00 36.4K Sep 15, 2023 Direct
transaction PI Common Stock Options Exercise $0 +468 +1.28% $0.00 36.9K Sep 15, 2023 Direct
transaction PI Common Stock Sale -$31.6K -499 -1.35% $63.25 36.4K Sep 18, 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 -781 -24.99% $0.00 2.34K Sep 15, 2023 Common Stock 781 $0.00 Direct F3, F4
transaction PI Restricted Stock Units Options Exercise $0 -468 -24.96% $0.00 1.41K Sep 15, 2023 Common Stock 468 $0.00 Direct F3, 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 ("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 $62.83 to $63.30, 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 RSU represents a contingent right to receive one share of Impinj common stock.
F4 On June 15, 2020, the reporting person was granted 12,500 RSUs. One-sixteenth of these RSUs vested on September 15, 2023.
F5 On June 29, 2020, the reporting person was granted 7,500 RSUs. One-sixteenth of these RSUs vested on September 15, 2023.