Adam Elsesser - Jan 11, 2022 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: Jan 11, 2022
Transactions value $: -$3,561,114
Form type: 4
Date filed: 1/13/2022, 06:36 PM
Previous filing: Dec 15, 2021
Next filing: May 15, 2023
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	Jan 11, 2022	Direct
transaction	PEN	Common Stock	Sale	-$123K	-500	-3.45%	$245.15	14K	Jan 11, 2022	Direct	F1, F2
transaction	PEN	Common Stock	Sale	-$123K	-500	-3.57%	$245.78	13.5K	Jan 11, 2022	Direct	F1, F3
transaction	PEN	Common Stock	Sale	-$371K	-1.5K	-11.11%	$247.19	12K	Jan 11, 2022	Direct	F1, F4
transaction	PEN	Common Stock	Sale	-$174K	-700	-5.83%	$247.87	11.3K	Jan 11, 2022	Direct	F1, F5
transaction	PEN	Common Stock	Sale	-$149K	-600	-5.31%	$249.06	10.7K	Jan 11, 2022	Direct	F1, F6
transaction	PEN	Common Stock	Sale	-$25K	-100	-0.93%	$249.78	10.6K	Jan 11, 2022	Direct	F1
transaction	PEN	Common Stock	Sale	-$333K	-1.33K	-12.52%	$251.24	9.27K	Jan 11, 2022	Direct	F1, F7
transaction	PEN	Common Stock	Sale	-$316K	-1.25K	-13.51%	$252.07	8.02K	Jan 11, 2022	Direct	F1, F8
transaction	PEN	Common Stock	Sale	-$202K	-800	-9.98%	$253.01	7.22K	Jan 11, 2022	Direct	F1, F9
transaction	PEN	Common Stock	Sale	-$25.4K	-100	-1.39%	$254.06	7.12K	Jan 11, 2022	Direct	F1
transaction	PEN	Common Stock	Sale	-$127K	-500	-7.02%	$254.95	6.62K	Jan 11, 2022	Direct	F1, F10
transaction	PEN	Common Stock	Sale	-$128K	-500	-7.55%	$256.17	6.12K	Jan 11, 2022	Direct	F1, F11
transaction	PEN	Common Stock	Sale	-$799K	-3.11K	-50.78%	$257.04	3.01K	Jan 11, 2022	Direct	F1, F12
transaction	PEN	Common Stock	Sale	-$570K	-2.21K	-73.34%	$258.10	803	Jan 11, 2022	Direct	F1, F13
transaction	PEN	Common Stock	Sale	-$208K	-803	-100%	$258.63	0	Jan 11, 2022	Direct	F1, F14
holding	PEN	Common Stock						958K	Jan 11, 2022	By Trust	F15

Showing 1 to 17 of 17 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	-20%	$0.00	58K	Jan 11, 2022	Common Stock	14.5K	$7.75	Direct	F16

* 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 $244.59 to $245.55.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 $245.64 to $245.97. 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.
F4	This transaction was executed in multiple trades at prices ranging from $246.63 to $247.46. 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 $247.62 to $248.22. 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 $248.65 to $249.39. 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 $250.67 to $251.52. 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 $251.60 to $252.47.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 $252.66 to $253.53.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.
F10	This transaction was executed in multiple trades at prices ranging from $254.84 to $255.14.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 $255.91 to $256.55.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 $256.64 to $257.42.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	This transaction was executed in multiple trades at prices ranging from $257.61 to $258.58.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.
F14	This transaction was executed in multiple trades at prices ranging from $258.59 to $258.71.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.
F15	Shares are held by the Siegel/Elsesser Revocable Trust.
F16	All shares are vested and exercisable.