Form 4 for PI IMPINJ INC
Accepted 2023-02-27 00:00:00 ET · period of report 2023-02-23 · accession 0001209191-23-013505 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-02-27 | 2023-02-23 | PI | Baker Cary | CFO | A - Grant | $0.00 | +9,942 | 44.5K | +29% | $0 |
| D | 2023-02-27 | 2023-02-24 | PI | Baker Cary | CFO | M - OptEx | $0.00 | +3,750 | 48.3K | +8% | $0 |
| DM | 2023-02-27 | 2023-02-27 | PI | Baker Cary | CFO | S - Sale+OE | $127.72 | -5,202 | 43.1K | -11% | -$664.4K |
| D | 2023-02-27 | 2023-02-24 | PI | Baker Cary | CFO | M - OptEx | $0.00 | -3,750 | 15.0K | -20% | $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 | Common Stock | 2023-02-23 | A | A | 7,500 | $0.00 | 42,067 | D | — | — | (F1) On April 12, 2021, the Reporting Person was granted performance restricted stock units (PSUs). The PSUs vested upon the Reporting Person's satisfaction of certain performance criteria. On February 23, 2023, the Issuer's Board of Directors determined the level at which the corporate performance goals were attained, resulting in the vesting of 7,500 shares of Common Stock underlying the PSUs. |
| 2 | Common | Common Stock | 2023-02-23 | A | A | 2,442 | $0.00 | 44,509 | D | — | — | (F2) On March 23, 2022, the Reporting Person was granted PSUs. The PSUs vested upon the Reporting Person's satisfaction of certain performance criteria. On February 23, 2023, the Issuer's Board of Directors determined the level at which the corporate performance goals were attained, resulting in the vesting of 2,442 shares of Common Stock underlying the PSUs. |
| 3 | Common | Common Stock | 2023-02-24 | M | A | 3,750 | $0.00 | 48,259 | D | — | — | |
| 4 | Common | Common Stock | 2023-02-27 | S | D | 4,232 | $127.61 | 44,027 | D | — | — | (F4) The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $127.025 to $127.97, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein. |
| 5 | Common | Common Stock | 2023-02-27 | S | D | 970 | $128.21 | 43,057 | D | — | — | (F5) The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $128.03 to $128.80, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein. |
| 6 | Derivative | Restricted Stock Units | 2023-02-24 | M | D | 3,750 | $0.00 | 15,000 | D | $0.00 · — to — | 3,750 Common Stock | (F6) Each restricted stock unit represents a contingent right to receive one share of Impinj common stock. (F7) On February 24, 2020, the reporting person was granted 60,000 restricted stock units ("RSUs"), one sixteenth of which vested on February 24, 2023. |