| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PEN | Common Stock | Sale | -$86.2K | -340 | -50% | $253.48 | 340 | Aug 7, 2023 | Direct | F1, F2 |
| holding | PEN | Common Stock | 4.22K | Aug 7, 2023 | By Trust | F3, F4 |
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 | A portion of these shares is subject to vesting. |
| F3 | Any changes between direct and indirect holdings through the Thomas and Catharine Wilder Family Trust dated March 31, 2006 are in transactions exempt from Section 16 pursuant to Rule 16a-13 under the Securities Exchange Act of 1934 as mere changes in form of beneficial ownership. |
| F4 | Shares are held by the Thomas and Catharine Wilder Family Trust dated March 31, 2006. |