Jeffrey Dossett - Nov 13, 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
Nov 13, 2024
Transactions value $
-$2,549,639
Form type
4
Date filed
11/14/2024, 06:50 PM
Previous filing
Oct 15, 2024
Next filing
Dec 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PI Common Stock Options Exercise $130K +7.5K +11.49% $17.33 72.8K Nov 13, 2024 Direct
transaction PI Common Stock Sale -$262K -1.37K -1.88% $191.88 71.4K Nov 13, 2024 Direct F1, F2
transaction PI Common Stock Sale -$440K -2.28K -3.19% $192.73 69.1K Nov 13, 2024 Direct F1, F3
transaction PI Common Stock Sale -$303K -1.56K -2.26% $193.87 67.6K Nov 13, 2024 Direct F1, F4
transaction PI Common Stock Sale -$406K -2.09K -3.09% $194.69 65.5K Nov 13, 2024 Direct F1, F5
transaction PI Common Stock Sale -$39.9K -204 -0.31% $195.83 65.3K Nov 13, 2024 Direct F1, F6
transaction PI Common Stock Options Exercise $130K +7.5K +11.49% $17.33 72.8K Nov 14, 2024 Direct
transaction PI Common Stock Sale -$214K -1.19K -1.64% $179.29 71.6K Nov 14, 2024 Direct F1, F7
transaction PI Common Stock Sale -$306K -1.7K -2.37% $180.08 69.9K Nov 14, 2024 Direct F1, F8
transaction PI Common Stock Sale -$416K -2.3K -3.29% $180.99 67.6K Nov 14, 2024 Direct F1, F9
transaction PI Common Stock Sale -$165K -905 -1.34% $181.99 66.7K Nov 14, 2024 Direct F1, F10
transaction PI Common Stock Sale -$119K -651 -0.98% $183.02 66.1K Nov 14, 2024 Direct F1, F11
transaction PI Common Stock Sale -$140K -756 -1.14% $184.55 65.3K Nov 14, 2024 Direct F1, F12

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 -7.5K -43.72% $0.00 9.65K Nov 13, 2024 Common Stock 7.5K $17.33 Direct F13
transaction PI Stock Option (right to buy) Options Exercise $0 -7.5K -77.7% $0.00 2.15K Nov 14, 2024 Common Stock 7.5K $17.33 Direct F13
* 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 August 13, 2024.
F2 This transaction was executed in multiple trades at prices ranging from $191.30 to $192.295. 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 $192.32 to $193.30. 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 $193.41 to $194.38. 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 $194.45 to $195.40. 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 $195.54 to $195.89. 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 $178.57 to $179.56. 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 $179.615 to $180.52. 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 $180.625 to $181.565. 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.
F10 This transaction was executed in multiple trades at prices ranging from $181.66 to $182.41. 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 $182.77 to $183.575. 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 $184.20 to $184.88. 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 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