Lambert Shiu - Nov 29, 2024 Form 4 Insider Report for Penumbra Inc (PEN)

Signature
/s/ Johanna Roberts, as attorney-in-fact for Lambert Shiu
Stock symbol
PEN
Transactions as of
Nov 29, 2024
Transactions value $
-$530,161
Form type
4
Date filed
12/3/2024, 08:27 PM
Previous filing
Nov 19, 2024
Next filing
Dec 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PEN Common Stock Sale -$436K -1.8K -8% $242.56 20.7K Nov 29, 2024 Direct F1, F2
transaction PEN Common Stock Sale -$159K -654 -3.16% $243.01 20K Dec 2, 2024 Direct F1, F2
transaction PEN Common Stock Options Exercise $64.9K +5.25K +26.21% $12.36 25.3K Dec 3, 2024 Direct F2
holding PEN Common Stock 300 Nov 29, 2024 By Spouse's IRA F3

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 -5.25K -100% $0.00 0 Dec 3, 2024 Common Stock 5.25K $12.36 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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).

Explanation of Responses:

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 Shares are held by the Reporting Person's spouse in an IRA.
F4 All shares are vested and exercisable.