Hussein Mecklai - Dec 23, 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
Dec 23, 2023
Transactions value $
-$54,109
Form type
4
Date filed
12/27/2023, 05:08 PM
Previous filing
Dec 19, 2023
Next filing
Jan 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PI Common Stock Options Exercise $0 +1.56K +4.03% $0.00 40.3K Dec 23, 2023 Direct
transaction PI Common Stock Sale -$54.1K -603 -1.5% $89.73 39.7K Dec 26, 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 -1.56K -10% $0.00 14.1K Dec 23, 2023 Common Stock 1.56K $0.00 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 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 $89.33 to $89.96, 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 March 23, 2022, the reporting person was granted 25,000 RSUs. One-sixteenth of these RSUs vested on December 23, 2023.