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

Signature
/s/ Yukio Morikubo, attorney in fact on behalf of Hussein Mecklai
Stock symbol
PI
Transactions as of
Feb 12, 2024
Transactions value $
-$2,547,905
Form type
4
Date filed
2/14/2024, 06:49 PM
Previous filing
Jan 17, 2024
Next filing
Feb 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PI Common Stock Options Exercise $426K +24K +59.28% $17.75 64.5K Feb 12, 2024 Direct
transaction PI Common Stock Options Exercise $36.2K +1K +1.55% $36.20 65.5K Feb 12, 2024 Direct
transaction PI Common Stock Options Exercise $80.5K +3K +4.58% $26.84 68.5K Feb 12, 2024 Direct
transaction PI Common Stock Options Exercise $53.2K +2K +2.92% $26.62 70.5K Feb 12, 2024 Direct
transaction PI Common Stock Sale -$1.33M -12.7K -18.05% $104.38 57.8K Feb 12, 2024 Direct F1
transaction PI Common Stock Sale -$1.82M -17.3K -29.91% $105.10 40.5K Feb 12, 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 -24K -49.6% $0.00 24.4K Feb 12, 2024 Common Stock 24K $17.75 Direct F3
transaction PI Stock Option (right to buy) Options Exercise $0 -1K -68.54% $0.00 459 Feb 12, 2024 Common Stock 1K $36.20 Direct F4
transaction PI Stock Option (right to buy) Options Exercise $0 -3K -63.99% $0.00 1.69K Feb 12, 2024 Common Stock 3K $26.84 Direct F5
transaction PI Stock Option (right to buy) Options Exercise $0 -2K -71.1% $0.00 813 Feb 12, 2024 Common Stock 2K $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.