Adam Elsesser - Sep 11, 2023 Form 4 Insider Report for Penumbra Inc (PEN)

Signature
/s/ Emma J. Purdy, as attorney-in-fact for Adam Elsesser
Stock symbol
PEN
Transactions as of
Sep 11, 2023
Transactions value $
-$2,812,909
Form type
4
Date filed
9/13/2023, 07:48 PM
Previous filing
Aug 14, 2023
Next filing
Oct 13, 2023

Transactions Table

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 Sep 11, 2023 Direct
transaction PEN Common Stock Sale -$236K -800 -8.28% $294.47 8.87K Sep 11, 2023 Direct F1, F2
transaction PEN Common Stock Sale -$236K -800 -9.02% $295.56 8.07K Sep 11, 2023 Direct F1, F3
transaction PEN Common Stock Sale -$285K -961 -11.91% $296.54 7.11K Sep 11, 2023 Direct F1, F4
transaction PEN Common Stock Sale -$219K -735 -10.34% $297.30 6.37K Sep 11, 2023 Direct F1, F5
transaction PEN Common Stock Sale -$173K -581 -9.12% $298.45 5.79K Sep 11, 2023 Direct F1, F6
transaction PEN Common Stock Sale -$606K -2.02K -34.95% $299.48 3.77K Sep 11, 2023 Direct F1, F7
transaction PEN Common Stock Sale -$663K -2.21K -58.6% $300.45 1.56K Sep 11, 2023 Direct F1, F8
transaction PEN Common Stock Sale -$438K -1.45K -93.2% $301.42 106 Sep 11, 2023 Direct F1, F9
transaction PEN Common Stock Sale -$32K -106 -100% $301.91 0 Sep 11, 2023 Direct F1
holding PEN Common Stock 958K Sep 11, 2023 By Trust F10

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 -9.67K -49.99% $0.00 9.67K Sep 11, 2023 Common Stock 9.67K $7.75 Direct F11
* 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 $293.89 to $294.86. 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 $295.12 to $295.85. 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 $295.96 to $296.86. 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 $296.91 to $297.78. 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 $298.12 to $298.79. 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.
F7 This transaction was executed in multiple trades at prices ranging from $299.00 to $299.87. 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 $299.91 to $300.88. 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 $301.03 to $301.85. 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 are held by the Siegel/Elsesser Revocable Trust.
F11 All shares are vested and exercisable.