Form 4 for PI IMPINJ INC
Accepted 2024-02-26 00:00:00 ET · period of report 2024-02-22 · accession 0001415889-24-005352 · 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 | 2024-02-26 | 2024-02-23+ | PI | DIORIO CHRIS PH.D. | CEO, Dir | S - Sale | $102.07 | -21.1K | 278.9K | -7% | -$2.15M |
| DM | 2024-02-26 | 2024-02-22+ | PI | DIORIO CHRIS PH.D. | CEO, Dir | A - Grant | $2.36 | +46.2K | 283.9K | +19% | +$109.0K |
| D | 2024-02-26 | 2024-02-26 | PI | DIORIO CHRIS PH.D. | CEO, Dir | M - OptEx | $0.00 | -5,000 | 31.7K | -14% | $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 | 2024-02-23 | S | D | 8,187 | $100.49 | 286,736 | 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 $100.23 to $101.16, 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. |
| 2 | Common | Common Stock | 2024-02-22 | A | A | 25,000 | $0.00 | 278,738 | 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 21, 2024, the Issuer's Board of Directors determined the level at which the corporate performance goals were attained, resulting in the vesting of 25,000 shares of Common Stock underlying the PSUs. (F2) The amount of securities beneficially owned includes 427 shares acquired on February 20, 2024 under the Impinj, Inc. 2016 Employee Stock Purchase Plan, in a transaction exempt under Rule 16b-3(c) that is being voluntarily reported by the reporting person on this Form 4. |
| 3 | Common | Common Stock | 2024-02-22 | A | A | 16,185 | $0.00 | 294,923 | D | — | — | (F3) On March 23, 2022, 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 21, 2024, the Issuer's Board of Directors determined the level at which the corporate performance goals were attained, resulting in the vesting of 16,185 shares of Common Stock underlying the PSUs. |
| 4 | Common | Common Stock | 2024-02-26 | S | D | 5,000 | $105.00 | 278,863 | D | — | — | |
| 5 | Common | Common Stock | 2024-02-23 | S | D | 7,569 | $101.83 | 279,167 | D | — | — | (F6) 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 $101.31 to $102.30, 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 | Common | Common Stock | 2024-02-23 | S | D | 304 | $102.49 | 278,863 | D | — | — | (F8) 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 $102.33 to $102.50, 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. |
| 7 | Common | Common Stock | 2024-02-26 | A | A | 5,000 | $21.81 | 283,863 | D | — | — | |
| 8 | Derivative | Stock Option (right to buy) | 2024-02-26 | M | D | 5,000 | $0.00 | 31,661 | D | $21.81 · — to 2026-08-23 | 5,000 Common Stock | (F10) The option became fully vested on August 23, 2020. |