Form 4 for PENG Penguin Solutions, Inc.
Accepted 2023-05-23 00:00:00 ET · period of report 2023-05-19 · accession 0001140361-23-026317 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMT | 2023-05-23 | 2023-05-19+ | PENG | Pacheco Jack A | EVP, COO, Pres, Mem Solutions | S - Sale+OE | $20.00 | -7,500 | 205.5K | -4% | -$150.0K |
| DMT | 2023-05-23 | 2023-05-19+ | PENG | Pacheco Jack A | EVP, COO, Pres, Mem Solutions | M - OptEx | $9.20 | +7,500 | 208.0K | +4% | +$69.0K |
| DMT | 2023-05-23 | 2023-05-19+ | PENG | Pacheco Jack A | EVP, COO, Pres, Mem Solutions | M - OptEx | $9.20 | -7,500 | 115.0K | -6% | -$69.0K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Ordinary Shares | 2023-05-19 | S | D | 5,000 | $20.00 | 205,511 | D | — | — | (F1) The transactions reported herein were effected pursuant to a previously established Rule 10b5-1 Plan adopted by the reporting person on January 13, 2023. |
| 2 | Common | Ordinary Shares | 2023-05-19 | M | A | 5,000 | $9.20 | 210,511 | D | — | — | |
| 3 | Common | Ordinary Shares | 2023-05-22 | S | D | 2,500 | $20.00 | 205,511 | D | — | — | (F1) The transactions reported herein were effected pursuant to a previously established Rule 10b5-1 Plan adopted by the reporting person on January 13, 2023. |
| 4 | Common | Ordinary Shares | 2023-05-22 | M | A | 2,500 | $9.20 | 208,011 | D | — | — | |
| 5 | Derivative | Employee Stock Option (right to buy) | 2023-05-22 | M | D | 2,500 | $9.20 | 112,500 | D | $9.20 · — to 2030-03-12 | 2,500 Ordinary Shares | (F3) On February 1, 2022, the Issuer paid a share dividend of one (1) ordinary share for every one (1) ordinary share owned to shareholders of record as of January 25, 2022. The numbers in this Form 4 have been adjusted for the share dividend, which was exempt from Section 16 of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16a-9 thereunder. (F2) The option vested and became exercisable as to 25% on March 12, 2021, and the remaining shares vest monthly and become exercisable over three years beginning March 12, 2021. |
| 6 | Derivative | Employee Stock Option (right to buy) | 2023-05-19 | M | D | 5,000 | $9.20 | 115,000 | D | $9.20 · — to 2030-03-12 | 5,000 Ordinary Shares | (F3) On February 1, 2022, the Issuer paid a share dividend of one (1) ordinary share for every one (1) ordinary share owned to shareholders of record as of January 25, 2022. The numbers in this Form 4 have been adjusted for the share dividend, which was exempt from Section 16 of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16a-9 thereunder. (F2) The option vested and became exercisable as to 25% on March 12, 2021, and the remaining shares vest monthly and become exercisable over three years beginning March 12, 2021. |