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

Role: CEO and President, Director
Signature: /s/ Johanna Roberts, as attorney-in-fact for Adam Elsesser
Stock symbol: PEN
Transactions as of: Oct 11, 2023
Transactions value $: -$2,011,474
Form type: 4
Date filed: 10/13/2023, 07:33 PM
Previous filing: Sep 13, 2023
Next filing: Mar 8, 2024
SEC: View on sec.gov

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	Oct 11, 2023	Direct
transaction	PEN	Common Stock	Sale	-$818K	-3.82K	-39.48%	$214.35	5.85K	Oct 11, 2023	Direct	F1, F2
transaction	PEN	Common Stock	Sale	-$1.05M	-4.86K	-83%	$215.40	995	Oct 11, 2023	Direct	F1, F3
transaction	PEN	Common Stock	Sale	-$19.5K	-90	-9.05%	$217.00	905	Oct 11, 2023	Direct	F1
transaction	PEN	Common Stock	Sale	-$51.3K	-236	-26.08%	$217.42	669	Oct 11, 2023	Direct	F1, F4
transaction	PEN	Common Stock	Sale	-$9.41K	-43	-6.43%	$218.79	626	Oct 11, 2023	Direct	F1, F5
transaction	PEN	Common Stock	Sale	-$4.23K	-19	-3.04%	$222.62	607	Oct 11, 2023	Direct	F1
transaction	PEN	Common Stock	Sale	-$42K	-188	-30.97%	$223.50	419	Oct 11, 2023	Direct	F1, F6
transaction	PEN	Common Stock	Sale	-$28.3K	-126	-30.07%	$224.78	293	Oct 11, 2023	Direct	F1, F7
transaction	PEN	Common Stock	Sale	-$21.6K	-96	-32.76%	$225.40	197	Oct 11, 2023	Direct	F1
transaction	PEN	Common Stock	Sale	-$45.4K	-197	-100%	$230.32	0	Oct 11, 2023	Direct	F1, F8
holding	PEN	Common Stock						958K	Oct 11, 2023	By Trust	F9

Showing 1 to 12 of 12 entries

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	-100%	$0.00^*	0	Oct 11, 2023	Common Stock	9.67K	$7.75	Direct	F10

* 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 $214.03 to $215.00. 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 $215.10 to $215.67. 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 $217.05 to $217.66. 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.
F5	This transaction was executed in multiple trades at prices ranging from $218.19 to $218.93. 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 $223.33 to $223.96. 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 $224.45 to $224.92. 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 $230.23 to $230.33. 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.