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

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

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

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.