Adam Elsesser - 13 Sep 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
13 Sep 2021
Net transactions value
-$3,953,662
Form type
4
Filing time
15 Sep 2021, 21:07:49 UTC
Previous filing
12 Aug 2021
Next filing
14 Oct 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PEN Common Stock Options Exercise $112,375 +14,500 $7.75 14,500 13 Sep 2021 Direct
transaction PEN Common Stock Sale $165,918 -600 -4.1% $276.53 13,900 13 Sep 2021 Direct F1, F2
transaction PEN Common Stock Sale $139,355 -502 -3.6% $277.60 13,398 13 Sep 2021 Direct F1, F3
transaction PEN Common Stock Sale $528,624 -1,896 -14% $278.81 11,502 13 Sep 2021 Direct F1, F4
transaction PEN Common Stock Sale $1,035,079 -3,702 -32% $279.60 7,800 13 Sep 2021 Direct F1, F5
transaction PEN Common Stock Sale $785,176 -2,800 -36% $280.42 5,000 13 Sep 2021 Direct F1, F6
transaction PEN Common Stock Sale $591,297 -2,100 -42% $281.57 2,900 13 Sep 2021 Direct F1, F7
transaction PEN Common Stock Sale $470,712 -1,666 -57% $282.54 1,234 13 Sep 2021 Direct F1, F8
transaction PEN Common Stock Sale $349,876 -1,234 -100% $283.53 0 13 Sep 2021 Direct F1, F9
holding PEN Common Stock 957,582 13 Sep 2021 By Trust F10

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 -14,500 -11% $0.000000 116,000 13 Sep 2021 Common Stock 14,500 $7.75 Direct F11
* 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 $276.07 to $276.91. 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 $277.17 to $278.02. 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 $278.12 to $279.07. 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 $279.07 to $280.05. 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 $280.09 to $280.91. 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 $281.07 to $281.97. 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 $282.11 to $283.01. 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 $283.09 to $283.84. 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 Shares are held by the Siegel/Elsesser Revocable Trust.
F11 All shares are vested and exercisable.