JEFFREY DOSSETT - 31 Jul 2024 Form 4 Insider Report for IMPINJ INC (PI)

Signature
/s/ Yukio Morikubo, Attorney-in-fact on behalf of Jeffrey Dossett
Issuer symbol
PI
Transactions as of
31 Jul 2024
Net transactions value
-$4,119,494
Form type
4
Filing time
02 Aug 2024, 16:41:14 UTC
Previous filing
16 Jul 2024
Next filing
25 Sep 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PI Common Stock Options Exercise $259,950 +15,000 +24% $17.33 78,642 31 Jul 2024 Direct
transaction PI Common Stock Sale $913,415 -5,845 -7.4% $156.27 72,797 31 Jul 2024 Direct F1, F2
transaction PI Common Stock Sale $383,054 -2,438 -3.3% $157.12 70,359 31 Jul 2024 Direct F1, F3
transaction PI Common Stock Sale $539,845 -3,410 -4.8% $158.31 66,949 31 Jul 2024 Direct F1, F4
transaction PI Common Stock Sale $74,368 -467 -0.7% $159.25 66,482 31 Jul 2024 Direct F1, F5
transaction PI Common Stock Sale $192,160 -1,201 -1.8% $160.00 65,281 31 Jul 2024 Direct F1, F6
transaction PI Common Stock Sale $264,240 -1,639 -2.5% $161.22 63,642 31 Jul 2024 Direct F1
transaction PI Common Stock Options Exercise $259,950 +15,000 +24% $17.33 78,642 01 Aug 2024 Direct
transaction PI Common Stock Sale $357,882 -2,466 -3.1% $145.13 76,176 01 Aug 2024 Direct F1, F7
transaction PI Common Stock Sale $319,779 -2,186 -2.9% $146.29 73,990 01 Aug 2024 Direct F1, F8
transaction PI Common Stock Sale $79,636 -542 -0.73% $146.93 73,448 01 Aug 2024 Direct F1, F9
transaction PI Common Stock Sale $30,990 -208 -0.28% $148.99 73,240 01 Aug 2024 Direct F1
transaction PI Common Stock Sale $115,191 -765 -1% $150.58 72,475 01 Aug 2024 Direct F1, F10
transaction PI Common Stock Sale $233,549 -1,538 -2.1% $151.85 70,937 01 Aug 2024 Direct F1, F11
transaction PI Common Stock Sale $198,774 -1,300 -1.8% $152.90 69,637 01 Aug 2024 Direct F1, F12
transaction PI Common Stock Sale $153,917 -1,000 -1.4% $153.92 68,637 01 Aug 2024 Direct F1, F13
transaction PI Common Stock Sale $271,265 -1,750 -2.5% $155.01 66,887 01 Aug 2024 Direct F1, F14
transaction PI Common Stock Sale $132,092 -848 -1.3% $155.77 64,233 01 Aug 2024 Direct F1, F15
transaction PI Common Stock Sale $55,072 -351 -0.55% $156.90 63,882 01 Aug 2024 Direct F1, F16
transaction PI Common Stock Sale $208,914 -1,321 -2% $158.15 64,367 01 Aug 2024 Direct F1, F17
transaction PI Common Stock Sale $115,250 -725 -1.1% $158.97 63,642 01 Aug 2024 Direct F1, F18

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 -15,000 -32% $0.000000 32,153 31 Jul 2024 Common Stock 15,000 $17.33 Direct F19
transaction PI Stock Option (right to buy) Options Exercise $0 -15,000 -47% $0.000000 17,153 01 Aug 2024 Common Stock 15,000 $17.33 Direct F19
* 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:

Id Content
F1 The sales reported by Mr. Dossett were effected pursuant to a 10b5-1 trading plan effective May 1, 2024.
F2 This transaction was executed in multiple trades at prices ranging from $155.76 to $156.72. 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 This transaction was executed in multiple trades at prices ranging from $156.77 to $157.565. 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.
F4 This transaction was executed in multiple trades at prices ranging from $157.85 to $158.835. 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 $158.855 to $159.75. 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.
F6 This transaction was executed in multiple trades at prices ranging from $159.99 to $160.025. 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.
F7 This transaction was executed in multiple trades at prices ranging from $144.635 to $145.545. 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.
F8 This transaction was executed in multiple trades at prices ranging from $145.715 to $146.645. 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.
F9 This transaction was executed in multiple trades at prices ranging from $146.82 to $147.01. 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.
F10 This transaction was executed in multiple trades at prices ranging from $150.245 to $151.02. 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.
F11 This transaction was executed in multiple trades at prices ranging from $151.30 to $152.245. 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.
F12 This transaction was executed in multiple trades at prices ranging from $152.355 to $153.34. 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.
F13 This transaction was executed in multiple trades at prices ranging from $153.40 to $154.395 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.
F14 This transaction was executed in multiple trades at prices ranging from $154.40 to $155.395. 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.
F15 This transaction was executed in multiple trades at prices ranging from $155.40 to $156.19. 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.
F16 This transaction was executed in multiple trades at prices ranging from $156.475 to $157.455. 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.
F17 This transaction was executed in multiple trades at prices ranging from $157.71 to $158.665. 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.
F18 This transaction was executed in multiple trades at prices ranging from $158.95 to $159.00. 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.
F19 One-fourth of the shares subject to the option vested on November 16, 2018, and 1/48th of the shares subject to the option vest on the 3rd day of each month thereafter