| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PEN | Common Stock | Options Exercise | $74.9K | +9.67K | $7.75 | 9.67K | 11 Jul 2023 | Direct | ||
| transaction | PEN | Common Stock | Sale | -$1.32M | -4.12K | -42.64% | $321.32 | 5.54K | 11 Jul 2023 | Direct | F1, F2 |
| transaction | PEN | Common Stock | Sale | -$506K | -1.57K | -28.32% | $322.19 | 3.97K | 11 Jul 2023 | Direct | F1, F3 |
| transaction | PEN | Common Stock | Sale | -$129K | -400 | -10.07% | $323.47 | 3.57K | 11 Jul 2023 | Direct | F1, F4 |
| transaction | PEN | Common Stock | Sale | -$628K | -1.94K | -54.17% | $324.33 | 1.64K | 11 Jul 2023 | Direct | F1, F5 |
| transaction | PEN | Common Stock | Sale | -$188K | -578 | -35.29% | $325.05 | 1.06K | 11 Jul 2023 | Direct | F1, F6 |
| transaction | PEN | Common Stock | Sale | -$105K | -322 | -30.38% | $326.18 | 738 | 11 Jul 2023 | Direct | F1, F7 |
| transaction | PEN | Common Stock | Sale | -$241K | -738 | -100% | $327.15 | 0 | 11 Jul 2023 | Direct | F1, F8 |
| holding | PEN | Common Stock | 958K | 11 Jul 2023 | By Trust | F9 |
| 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 | -9.67K | -25% | $0.00 | 29K | 11 Jul 2023 | Common Stock | 9.67K | $7.75 | Direct | F10 |
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 | 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 $320.80 to $321.78. 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 $321.80 to $322.71. 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 $323.30 to $323.63. 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 $323.82 to $324.78. 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 $324.80 to $325.34. 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 $326.02 to $326.79. 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. |
| F8 | This transaction was executed in multiple trades at prices ranging from $326.80 to $327.66. 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 | Shares are held by the Siegel/Elsesser Revocable Trust. |
| F10 | All shares are vested and exercisable. |