Adam Elsesser - 11 Aug 2021 Form 4 Insider Report for Penumbra Inc (PEN)

Signature
/s/ Johanna Roberts, as attorney-in-fact for Adam Elsesser
Issuer symbol
PEN
Transactions as of
11 Aug 2021
Transactions value $
-$3,530,540
Form type
4
Filing time
12 Aug 2021, 20:02:09 UTC
Next filing
15 Sep 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PEN Common Stock Options Exercise $112K +14.5K $7.75 14.5K 11 Aug 2021 Direct
transaction PEN Common Stock Sale -$123K -500 -3.45% $245.36 14K 11 Aug 2021 Direct F1, F2
transaction PEN Common Stock Sale -$49.2K -200 -1.43% $246.21 13.8K 11 Aug 2021 Direct F1, F3
transaction PEN Common Stock Sale -$174K -704 -5.1% $247.25 13.1K 11 Aug 2021 Direct F1, F4
transaction PEN Common Stock Sale -$648K -2.61K -19.94% $248.35 10.5K 11 Aug 2021 Direct F1, F5
transaction PEN Common Stock Sale -$495K -1.99K -18.93% $249.16 8.5K 11 Aug 2021 Direct F1, F6
transaction PEN Common Stock Sale -$272K -1.09K -12.8% $250.19 7.41K 11 Aug 2021 Direct F1, F7
transaction PEN Common Stock Sale -$283K -1.13K -15.18% $251.29 6.29K 11 Aug 2021 Direct F1, F8
transaction PEN Common Stock Sale -$75.6K -300 -4.77% $252.12 5.99K 11 Aug 2021 Direct F1, F9
transaction PEN Common Stock Sale -$431K -1.7K -28.39% $253.30 4.29K 11 Aug 2021 Direct F1, F10
transaction PEN Common Stock Sale -$428K -1.68K -39.28% $254.22 2.6K 11 Aug 2021 Direct F1, F11
transaction PEN Common Stock Sale -$639K -2.5K -96.16% $255.26 100 11 Aug 2021 Direct F1, F12
transaction PEN Common Stock Sale -$25.7K -100 -100% $257.28 0 11 Aug 2021 Direct F1
holding PEN Common Stock 958K 11 Aug 2021 By Trust F13

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 PEN Stock Option (right to buy) Options Exercise $0 -14.5K -10% $0.00 131K 11 Aug 2021 Common Stock 14.5K $7.75 Direct F14
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales were effected pursuant to the Reporting Person's Rule 10b5-1 trading plan.
F2 This transaction was executed in multiple trades at prices ranging from $244.78 to $245.74. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected.
F3 This transaction was executed in multiple trades at prices ranging from $246.00 to $246.41. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected.
F4 This transaction was executed in multiple trades at prices ranging from $246.88 to $247.75. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected.
F5 This transaction was executed in multiple trades at prices ranging from $247.79 to $248.76. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected.
F6 This transaction was executed in multiple trades at prices ranging from $248.79 to $249.66. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected.
F7 This transaction was executed in multiple trades at prices ranging from $249.82 to $250.74. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected.
F8 This transaction was executed in multiple trades at prices ranging from $250.80 to $251.73. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected.
F9 This transaction was executed in multiple trades at prices ranging from $251.87 to $252.41. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected.
F10 This transaction was executed in multiple trades at prices ranging from $252.88 to $253.70. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected.
F11 This transaction was executed in multiple trades at prices ranging from $253.78 to $254.59. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected.
F12 This transaction was executed in multiple trades at prices ranging from $254.91 to $255.70. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected.
F13 Shares are held by the Siegel/Elsesser Revocable Trust.
F14 All shares are vested and exercisable.