Jeffrey Dossett - Mar 23, 2024 Form 4 Insider Report for IMPINJ INC (PI)

Role
CHIEF REVENUE OFFICER
Signature
/s/ Yukio Morikubo, Attorney-in-fact on behalf of Jeffrey Dossett
Stock symbol
PI
Transactions as of
Mar 23, 2024
Transactions value $
-$153,361
Form type
4
Date filed
3/26/2024, 07:59 PM
Previous filing
Mar 20, 2024
Next filing
Apr 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PI Common Stock Options Exercise $0 +938 +1.61% $0.00 59.2K Mar 23, 2024 Direct
transaction PI Common Stock Options Exercise $0 +2.12K +3.57% $0.00 61.3K Mar 23, 2024 Direct
transaction PI Common Stock Sale -$152K -1.2K -1.96% $126.95 60.1K Mar 25, 2024 Direct F1, F2
transaction PI Common Stock Sale -$896 -7 -0.01% $127.95 60.1K Mar 25, 2024 Direct F1

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 Restricted Stock Units Options Exercise $0 -938 -11.12% $0.00 7.5K Mar 23, 2024 Common Stock 938 $0.00 Direct F3, F4
transaction PI Restricted Stock Units Options Exercise $0 -2.12K -25% $0.00 6.35K Mar 23, 2024 Common Stock 2.12K $0.00 Direct F3, F5
transaction PI Restricted Stock Units Award $0 +8.65K $0.00 8.65K Mar 23, 2024 Common Stock 8.65K $0.00 Direct F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were disposed of in non-discretionary transactions to cover the reporting person's tax withholding obligations in connection with the settlement of an award of restricted stock units ("RSUs").
F2 This transaction was executed in multiple trades at prices ranging from $126.7075 to $127.3625. 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.
F3 Each RSU represents a contingent right to receive one share of Impinj common stock.
F4 On March 23, 2022, the reporting person was granted 15,000 RSUs. One-sixteenth of these RSUs vested on March 23, 2024.
F5 On March 23, 2023, the reporting person was granted 8,460 RSUs, one fourth of which vested on March 23, 2024, with an additional one-sixteenth of such RSUs vesting every three months thereafter.
F6 One-fourth of the shares subject to the grant shall vest on March 23, 2025, and 1/16th of the shares subject to the grant shall vest each quarter thereafter, subject to the Reporting Person's continued service to the Issuer through such date.