| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PEN | Common Stock | Options Exercise | $14.4K | +652 | +0.93% | $22.04 | 70.4K | May 12, 2023 | Direct | F1 |
| transaction | PEN | Common Stock | Sale | -$119K | -375 | -0.53% | $317.32 | 70.1K | May 12, 2023 | Direct | F1, F2, F3 |
| transaction | PEN | Common Stock | Sale | -$139K | -436 | -0.62% | $318.20 | 69.6K | May 12, 2023 | Direct | F1, F2, F4 |
| transaction | PEN | Common Stock | Sale | -$59.7K | -187 | -0.27% | $319.24 | 69.4K | May 12, 2023 | Direct | F1, F2, F5 |
| transaction | PEN | Common Stock | Sale | -$5.12K | -16 | -0.02% | $320.13 | 69.4K | May 12, 2023 | Direct | F1, F2, F6 |
| transaction | PEN | Common Stock | Sale | -$8.06K | -25 | -0.04% | $322.38 | 69.4K | May 12, 2023 | Direct | F1, F2, F7 |
| transaction | PEN | Common Stock | Sale | -$144K | -447 | -0.64% | $322.95 | 68.9K | May 12, 2023 | Direct | F1, F2, F8 |
| transaction | PEN | Common Stock | Sale | -$4.54K | -14 | -0.02% | $324.07 | 68.9K | May 12, 2023 | Direct | F1, F2, F9 |
| transaction | PEN | Common Stock | Tax liability | -$532K | -1.69K | -2.45% | $314.92 | 67.2K | May 15, 2023 | Direct | F1, F10 |
| 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 | -652 | -7.9% | $0.00 | 7.6K | May 12, 2023 | Common Stock | 652 | $22.04 | Direct | F11 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| 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 $316.84 to $317.71. 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. |
| F4 | This transaction was executed in multiple trades at prices ranging from $317.87 to $318.76. 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 $318.90 to $319.79. 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 $320.00 to $320.50. 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. |
| F7 | This transaction was executed in multiple trades at prices ranging from $321.89 to $322.73. 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 $322.87 to $323.41. 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 $324.00 to $324.10. 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 were withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units granted to the Reporting Person. |
| F11 | All shares are vested and exercisable. |