Hussein Mecklai - 12 Feb 2024 Form 4 Insider Report for IMPINJ INC (PI)

Signature
/s/ Yukio Morikubo, attorney in fact on behalf of Hussein Mecklai
Issuer symbol
PI
Transactions as of
12 Feb 2024
Net transactions value
-$2,547,905
Form type
4
Filing time
14 Feb 2024, 18:49:49 UTC
Previous filing
17 Jan 2024
Next filing
26 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PI Common Stock Options Exercise $426,000 +24,000 +59% $17.75 64,489 12 Feb 2024 Direct
transaction PI Common Stock Options Exercise $36,200 +1,000 +1.6% $36.20 65,489 12 Feb 2024 Direct
transaction PI Common Stock Options Exercise $80,520 +3,000 +4.6% $26.84 68,489 12 Feb 2024 Direct
transaction PI Common Stock Options Exercise $53,240 +2,000 +2.9% $26.62 70,489 12 Feb 2024 Direct
transaction PI Common Stock Sale $1,327,847 -12,721 -18% $104.38 57,768 12 Feb 2024 Direct F1
transaction PI Common Stock Sale $1,816,018 -17,279 -30% $105.10 40,489 12 Feb 2024 Direct F2

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 PI Stock Option (right to buy) Options Exercise $0 -24,000 -50% $0.000000 24,384 12 Feb 2024 Common Stock 24,000 $17.75 Direct F3
transaction PI Stock Option (right to buy) Options Exercise $0 -1,000 -69% $0.000000 459 12 Feb 2024 Common Stock 1,000 $36.20 Direct F4
transaction PI Stock Option (right to buy) Options Exercise $0 -3,000 -64% $0.000000 1,688 12 Feb 2024 Common Stock 3,000 $26.84 Direct F5
transaction PI Stock Option (right to buy) Options Exercise $0 -2,000 -71% $0.000000 813 12 Feb 2024 Common Stock 2,000 $26.62 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $104.00 to $104.985, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F2 The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $105.00 to $105.3775, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F3 One-fourth of the shares subject to the option vested on December 5, 2019, and 1/48th of the shares subject to the option shall vest each month thereafter, subject to the Reporting Person's continued service to the Issuer through such date.
F4 One-fourth of the shares subject to the option vested July 31, 2020, and 1/48th of the shares subject to the option shall vest each month thereafter, subject to the Reporting Person's continued service to the Issuer through such date.
F5 One-fourth of the shares subject to the option vested on June 15, 2021, and 1/48th of the shares subject to the option shall vest each month thereafter, subject to the Reporting Person's continued service to the Issuer through such date.