JEFFREY DOSSETT - 30 Jul 2021 Form 4 Insider Report for IMPINJ INC (PI)

Role: Chief Revenue Officer
Signature: /s/ Yukio Morikubo, Attorney in fact for Jeffrey Dossett
Issuer symbol: PI
Transactions as of: 30 Jul 2021
Transactions value $: $-67,721
Form type: 4
Filing time: 03 Aug 2021, 16:43:15 UTC
Previous filing: 17 Jun 2021
Next filing: 17 Sep 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PI	Common Stock	Options Exercise	$25,995	+1,500	+4.05%	$17.33	38,515	30 Jul 2021	Direct
transaction	PI	Common Stock	Sale	$-65,400	-1,500	-3.89%	$43.60	37,015	30 Jul 2021	Direct	F1
transaction	PI	Common Stock	Options Exercise	$0	+1,563	+4.22%	$0.000000	38,578	31 Jul 2021	Direct
transaction	PI	Common Stock	Sale	$-28,316	-606	-1.57%	$46.73	37,972	02 Aug 2021	Direct	F2, F3

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	-1,500	-2.6%	$0.000000	56,259	30 Jul 2020	Common Stock	1,500	$17.33	Direct	F4
transaction	PI	Restricted Stock Unit	Options Exercise	$0	-1,563	-11.1%	$0.000000	12,501	31 Jul 2021	Common Stock	1,563	$0.000000	Direct	F5, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The sales reported by Mr. Dossett were effected pursuant to a Rule 10b5-1 trading plan adopted on September 14, 2020.
F2	These shares were disposed of in non-discretionary transactions to cover the reporting person's tax withholding obligations in connection with the settlement of an award of restricted stock units.
F3	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 $46.705 to $46.75, 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.
F4	One-fourth of the shares subject to the option vested on November 16, 2018, and 1/48th of the shares subject to the option shall vest on the 3rd day of each month thereafter
F5	Each restricted stock unit represents a contingent right to receive one share of Impinj common stock.
F6	On July 31, 2019, the reporting person was granted 25,000 restricted stock units ("RSUs"). One-sixteenth of these RSUs vested on July 31, 2021.