JEFFREY DOSSETT - 31 Jan 2022 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: 31 Jan 2022
Transactions value $: -$157,108
Form type: 4
Filing time: 14 Apr 2022, 16:46:02 UTC
Previous filing: 17 Dec 2021
Next filing: 15 Feb 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	$0	+1.56K	+3.24%	$0.00	49.9K	31 Jan 2022	Direct	F1
transaction	PI	Common Stock	Sale	-$56K	-707	-1.42%	$79.21	49.2K	01 Feb 2022	Direct	F1, F2, F3
transaction	PI	Common Stock	Options Exercise	$0	+5K	+10.17%	$0.00	54.2K	12 Apr 2022	Direct	F1
transaction	PI	Common Stock	Sale	-$101K	-1.93K	-3.56%	$52.39	52.2K	13 Apr 2022	Direct	F1, F2, F4

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	Restricted Stock Units	Options Exercise	$0	-1.56K	-14.29%	$0.00	9.38K	31 Jan 2022	Common Stock	1.56K	$0.00	Direct	F1, F5, F6
transaction	PI	Restricted Stock Units	Options Exercise	$0	-5K	-25%	$0.00	15K	12 Apr 2022	Common Stock	5K	$0.00	Direct	F5, F7

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

Explanation of Responses:

Id	Content
F1	The Form 4 filed on February 2, 2021 omitted one share. The current Form 4 reflects the total number of shares beneficially owned.
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 $79.14 to $79.545, 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	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 $52.22 to $52.685, 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.
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 January 31, 2022.
F7	On April 12, 2021, the reporting person was granted 20,000 restricted stock units ("RSUs"), one fourth of which vested on April 12, 2022, with an additional one-sixteenth of such RSUs vesting every three months thereafter.