Form 4 for PENG Penguin Solutions, Inc.
Accepted 2023-06-15 00:00:00 ET · period of report 2023-06-13 · accession 0001140361-23-030087 · 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 | 2023-06-15 | 2023-06-13 | PENG | Pacheco Jack A | EVP, COO, Pres, Mem Solutions | M - OptEx | $9.73 | +15.0K | 215.5K | +7% | +$145.9K |
| DT | 2023-06-15 | 2023-06-13 | PENG | Pacheco Jack A | EVP, COO, Pres, Mem Solutions | S - Sale+OE | $25.00 | -15.0K | 205.5K | -7% | -$375.0K |
| DMT | 2023-06-15 | 2023-06-13 | PENG | Pacheco Jack A | EVP, COO, Pres, Mem Solutions | M - OptEx | $0.00 | -15.0K | 75.0K | -17% | $0 |
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 | 2023-06-13 | M | A | 5,000 | $10.78 | 220,511 | D | — | — | |
| 2 | Common | Ordinary Shares | 2023-06-13 | M | A | 10,000 | $9.20 | 215,511 | D | — | — | |
| 3 | Common | Ordinary Shares | 2023-06-13 | S | D | 15,000 | $25.00 | 205,511 | D | — | — | (F2) This transaction was executed in multiple trades at prices ranging from $25.00 to $25.01. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected. |
| 4 | Derivative | Employee Stock Option (right to buy) | 2023-06-13 | M | D | 10,000 | $0.00 | 102,500 | D | $9.20 · — to 2030-03-12 | 10,000 Ordinary Shares | (F3) 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. |
| 5 | Derivative | Employee Stock Option (right to buy) | 2023-06-13 | M | D | 5,000 | $0.00 | 75,000 | D | $10.78 · — to 2029-01-22 | 5,000 Ordinary Shares | (F5) 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. (F4) The option vested and became exercisable as to 25% on January 1, 2020, and the remaining shares vest monthly and become exercisable over three years beginning January 1, 2020. |