Jeffrey Dossett - Feb 22, 2024 Form 4 Insider Report for IMPINJ INC (PI)

Signature
/s/ Yukio Morikubo, Attorney-in-fact on behalf of Jeffrey Dossett
Stock symbol
PI
Transactions as of
Feb 22, 2024
Transactions value $
-$491,210
Form type
4
Date filed
2/26/2024, 09:06 PM
Previous filing
Jan 17, 2024
Next filing
Mar 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PI Common Stock Award $0 +10K +21.68% $0.00 56.1K Feb 22, 2024 Direct F1
transaction PI Common Stock Award $0 +5.85K +10.42% $0.00 62K Feb 22, 2024 Direct F2
transaction PI Common Stock Sale -$261K -2.6K -4.19% $100.48 59.4K Feb 23, 2024 Direct F3, F4
transaction PI Common Stock Sale -$220K -2.16K -3.64% $101.81 57.2K Feb 23, 2024 Direct F3, F5
transaction PI Common Stock Sale -$10.2K -100 -0.17% $102.49 57.1K Feb 23, 2024 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 12, 2021, the Reporting Person was granted performance restricted stock units (PSUs). The PSUs vested upon the Reporting Person's satisfaction of certain performance criteria. On February 21, 2024, the Issuer's Board of Directors determined the level at which the corporate performance goals were attained, resulting in the vesting of 10,000 shares of Common Stock underlying the PSUs.
F2 On March 23, 2022, the Reporting Person was granted performance restricted stock units (PSUs). The PSUs vested upon the Reporting Person's satisfaction of certain performance criteria. On February 21, 2024, the Issuer's Board of Directors determined the level at which the corporate performance goals were attained, resulting in the vesting of 5,850 shares of Common Stock underlying the PSUs.
F3 These shares were sold to cover tax withholding obligations in connection with the vesting of restricted stock units ("RSUs").
F4 This transaction was executed in multiple trades at prices ranging from $100.23 to $100.84. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
F5 This transaction was executed in multiple trades at prices ranging from $101.47 to $102.15. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.