Adam Elsesser - 11 Nov 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 Nov 2021
Net transactions value
-$3,718,253
Form type
4
Filing time
15 Nov 2021, 18:39:36 UTC
Previous filing
14 Oct 2021
Next filing
15 Dec 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 11 Nov 2021 Direct
transaction PEN Common Stock Sale $181,118 -699 -4.8% $259.11 13,801 11 Nov 2021 Direct F1, F2
transaction PEN Common Stock Sale $234,224 -901 -6.5% $259.96 12,900 11 Nov 2021 Direct F1, F3
transaction PEN Common Stock Sale $182,707 -700 -5.4% $261.01 12,200 11 Nov 2021 Direct F1, F4
transaction PEN Common Stock Sale $177,946 -679 -5.6% $262.07 11,521 11 Nov 2021 Direct F1, F5
transaction PEN Common Stock Sale $184,023 -700 -6.1% $262.89 10,821 11 Nov 2021 Direct F1, F6
transaction PEN Common Stock Sale $282,926 -1,071 -9.9% $264.17 9,750 11 Nov 2021 Direct F1, F7
transaction PEN Common Stock Sale $1,730,392 -6,532 -67% $264.91 3,218 11 Nov 2021 Direct F1, F8
transaction PEN Common Stock Sale $533,490 -2,005 -62% $266.08 1,213 11 Nov 2021 Direct F1, F9
transaction PEN Common Stock Sale $297,037 -1,113 -92% $266.88 100 11 Nov 2021 Direct F1, F10
transaction PEN Common Stock Sale $26,765 -100 -100% $267.65 0 11 Nov 2021 Direct F1
holding PEN Common Stock 957,582 11 Nov 2021 By Trust F11

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 -14% $0.000000 87,000 11 Nov 2021 Common Stock 14,500 $7.75 Direct F12
* 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 $258.55 to $259.50. 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 $259.55 to $260.49. 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 $260.70 to $261.44. 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 $261.71 to $262.38. 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 $262.69 to $263.16. 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 $263.56 to $264.52. 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 $264.59 to $265.52. 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 $265.55 to $266.51. 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 $266.56 to $267.53. 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 Shares are held by the Siegel/Elsesser Revocable Trust.
F12 All shares are vested and exercisable.