| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PEN | Common Stock | Award | $0 | +4,290 | +7.1% | $0.000000 | 64,778 | 15 Nov 2024 | Direct | F1, F2 |
| transaction | PEN | Common Stock | Tax liability | $31,871 | -134 | -0.21% | $237.84 | 64,644 | 15 Nov 2024 | Direct | F2, F3 |
| transaction | PEN | Common Stock | Sale | $4,248 | -18 | -0.03% | $235.98 | 64,626 | 18 Nov 2024 | Direct | F2, F4, F5 |
| transaction | PEN | Common Stock | Sale | $8,517 | -36 | -0.06% | $236.59 | 64,590 | 18 Nov 2024 | Direct | F2, F4, F6 |
| transaction | PEN | Common Stock | Sale | $10,750 | -45 | -0.07% | $238.90 | 64,545 | 18 Nov 2024 | Direct | F2, F4, F7 |
| transaction | PEN | Common Stock | Sale | $90,214 | -376 | -0.58% | $239.93 | 64,169 | 18 Nov 2024 | Direct | F2, F4, F8 |
| transaction | PEN | Common Stock | Sale | $26,972 | -112 | -0.17% | $240.82 | 64,057 | 18 Nov 2024 | Direct | F2, F4, F9 |
| transaction | PEN | Common Stock | Sale | $3,142 | -13 | -0.02% | $241.69 | 64,044 | 18 Nov 2024 | Direct | F2, F4, 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 | On November 15, 2024, the Reporting Person was granted 4,290 restricted stock units (RSUs) under the Issuer's Amended and Restated 2014 Equity Incentive Plan, of which 1/4 of the RSUs will vest equally on an annual basis, beginning on November 15, 2025, subject to continued service by the Reporting Person on the applicable vesting date. |
| F2 | A portion of these shares is subject to vesting. |
| F3 | Shares were withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of RSUs granted to the Reporting Person. |
| F4 | The sales were effected pursuant to the Reporting Person's Rule 10b5-1 trading plan. |
| F5 | This transaction was executed in multiple trades at prices ranging from $235.40 to $236.35. 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 $236.48 to $236.86. 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. |
| F7 | This transaction was executed in multiple trades at prices ranging from $238.60 to $239.37. 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 $239.40 to $240.37. 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 $240.40 to $241.39. 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 | This transaction was executed in multiple trades at prices ranging from $241.53 to $241.93. 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. |