CATHAL G. PHELAN - 11 Feb 2022 Form 4 Insider Report for IMPINJ INC (PI)

Role
Director
Signature
Yukio Morikubo, Attorney in fact for Cathal G. Phelan
Issuer symbol
PI
Transactions as of
11 Feb 2022
Net transactions value
-$859,000
Form type
4
Filing time
15 Feb 2022, 15:27:47 UTC
Previous filing
11 Jun 2021
Next filing
13 Jun 2022
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 $515,600 +20,000 +151% $25.78 33,260 11 Feb 2022 Direct
transaction PI Common Stock Sale $1,374,600 -20,000 -60% $68.73 13,260 11 Feb 2022 Direct

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 -20,000 -33% $0.000000 40,000 11 Feb 2022 Common Stock 20,000 $25.78 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option was approved on September 18, 2020 by the Compensation Committee of the Issuer's Board of Directors in connection with certain consulting services being provided by the Reporting Person. 1/24th of the shares subject to the option shall vest on October 21, 2020 and 1/24th of the shares subject to the option shall vest on each month thereafter, subject to the Reporting Person's continued service to the Issuer through each such date.