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

Role: CEO and President, Director
Signature: /s/ Johanna Roberts, as attorney-in-fact for Adam Elsesser
Stock symbol: PEN
Transactions as of: Oct 11, 2021
Transactions value $: -$3,579,337
Form type: 4
Date filed: 10/14/2021, 06:04 AM
Previous filing: Sep 15, 2021
Next filing: Nov 15, 2021
SEC: View on sec.gov

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	Oct 11, 2021	Direct	F1
transaction	PEN	Common Stock	Sale	-$887K	-3.5K	-24.14%	$253.39	11K	Oct 11, 2021	Direct	F1, F2, F3
transaction	PEN	Common Stock	Sale	-$1.07M	-4.2K	-38.18%	$254.40	6.8K	Oct 11, 2021	Direct	F1, F2, F4
transaction	PEN	Common Stock	Sale	-$1.61M	-6.3K	-92.65%	$255.29	500	Oct 11, 2021	Direct	F1, F2, F5
transaction	PEN	Common Stock	Sale	-$128K	-500	-100%	$256.08	0	Oct 11, 2021	Direct	F1, F2, F6
holding	PEN	Common Stock						958K	Oct 11, 2021	By Trust	F7

Showing 1 to 6 of 6 entries

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	-12.5%	$0.00	102K	Oct 11, 2021	Common Stock	14.5K	$7.75	Direct	F1, F8

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This transaction is being reported late due to administrative oversight.
F2	The sales were effected pursuant to the Reporting Person's Rule 10b5-1 trading plan.
F3	This transaction was executed in multiple trades at prices ranging from $252.83 to $253.82. 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 $253.88 to $254.81. 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 $254.83 to $255.82. 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 $255.88 to $256.31. 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	Shares are held by the Siegel/Elsesser Revocable Trust.
F8	All shares are vested and exercisable.