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Signature
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/s/ Yukio Morikubo, Attorney in fact for Chris Diorio
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Stock symbol
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PI
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Transactions as of
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Feb 27, 2024
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Transactions value $
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-$415,950
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Form type
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4
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Date filed
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2/28/2024, 04:53 PM
Transactions Table
| Type |
Sym |
Class |
Transaction |
Value $ |
Shares |
Change % |
* Price $ |
Shares After |
Date |
Ownership |
Footnotes |
| transaction |
PI |
Common Stock |
Options Exercise |
$109K |
+5K |
+1.79% |
$21.81 |
284K |
Feb 27, 2024 |
Direct |
|
| transaction |
PI |
Common Stock |
Sale |
-$525K |
-5K |
-1.76% |
$105.00 |
279K |
Feb 27, 2024 |
Direct |
F1 |
| holding |
PI |
Common Stock |
|
|
|
|
|
572K |
Feb 27, 2024 |
by DFT L.L.C. |
|
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 |
-5K |
-15.79% |
$0.00 |
26.7K |
Feb 27, 2024 |
Common Stock |
5K |
$21.81 |
Direct |
F2 |
* 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: