Johanna Roberts - 14 Nov 2022 Form 4 Insider Report for Penumbra Inc (PEN)

Signature
/s/ Johanna Roberts
Issuer symbol
PEN
Transactions as of
14 Nov 2022
Net transactions value
-$295,117
Form type
4
Filing time
16 Nov 2022, 19:17:26 UTC
Previous filing
05 Oct 2022
Next filing
05 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PEN Common Stock Options Exercise $33,060 +1,500 +2.7% $22.04 56,996 14 Nov 2022 Direct F1
transaction PEN Common Stock Sale $38,616 -200 -0.35% $193.08 56,796 14 Nov 2022 Direct F1, F2, F3
transaction PEN Common Stock Sale $136,017 -700 -1.2% $194.31 56,096 14 Nov 2022 Direct F1, F2, F4
transaction PEN Common Stock Sale $117,090 -600 -1.1% $195.15 55,496 14 Nov 2022 Direct F1, F2, F5
transaction PEN Common Stock Tax liability $36,454 -186 -0.34% $195.99 55,310 15 Nov 2022 Direct F1, F6

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 -1,500 -8.2% $0.000000 16,700 14 Nov 2022 Common Stock 1,500 $22.04 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 A portion of these shares is subject to vesting.
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 $192.81 to $193.42. 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.
F4 This transaction was executed in multiple trades at prices ranging from $193.82 to $194.71. 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.
F5 This transaction was executed in multiple trades at prices ranging from $194.89 to $195.69. 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 Shares were withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units granted to the Reporting Person.
F7 All shares are vested and exercisable.