JEFFREY DOSSETT - 13 Nov 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
13 Nov 2024
Net transactions value
-$2,549,639
Form type
4
Filing time
14 Nov 2024, 18:50:37 UTC
Previous filing
15 Oct 2024
Next filing
26 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PI Common Stock Options Exercise $129,975 +7,500 +11% $17.33 72,794 13 Nov 2024 Direct
transaction PI Common Stock Sale $262,112 -1,366 -1.9% $191.88 71,428 13 Nov 2024 Direct F1, F2
transaction PI Common Stock Sale $439,623 -2,281 -3.2% $192.73 69,147 13 Nov 2024 Direct F1, F3
transaction PI Common Stock Sale $302,827 -1,562 -2.3% $193.87 67,585 13 Nov 2024 Direct F1, F4
transaction PI Common Stock Sale $406,320 -2,087 -3.1% $194.69 65,498 13 Nov 2024 Direct F1, F5
transaction PI Common Stock Sale $39,949 -204 -0.31% $195.83 65,294 13 Nov 2024 Direct F1, F6
transaction PI Common Stock Options Exercise $129,975 +7,500 +11% $17.33 72,794 14 Nov 2024 Direct
transaction PI Common Stock Sale $213,709 -1,192 -1.6% $179.29 71,602 14 Nov 2024 Direct F1, F7
transaction PI Common Stock Sale $305,768 -1,698 -2.4% $180.08 69,904 14 Nov 2024 Direct F1, F8
transaction PI Common Stock Sale $415,921 -2,298 -3.3% $180.99 67,606 14 Nov 2024 Direct F1, F9
transaction PI Common Stock Sale $164,697 -905 -1.3% $181.99 66,701 14 Nov 2024 Direct F1, F10
transaction PI Common Stock Sale $119,143 -651 -0.98% $183.02 66,050 14 Nov 2024 Direct F1, F11
transaction PI Common Stock Sale $139,520 -756 -1.1% $184.55 65,294 14 Nov 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 -7,500 -44% $0.000000 9,653 13 Nov 2024 Common Stock 7,500 $17.33 Direct F13
transaction PI Stock Option (right to buy) Options Exercise $0 -7,500 -78% $0.000000 2,153 14 Nov 2024 Common Stock 7,500 $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