Cary Baker - 28 Jul 2022 Form 4 Insider Report for IMPINJ INC (PI)

Role: Chief Financial Officer
Signature: /s/ Yukio Morikubo, Attorney in fact for Cary Baker
Issuer symbol: PI
Transactions as of: 28 Jul 2022
Transactions value $: -$778,676
Form type: 4
Filing time: 01 Aug 2022, 20:20:48 UTC
Previous filing: 14 Jul 2022
Next filing: 03 Aug 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	Sale	-$321,000	-4,000	-10.61%	$80.25	33,689	28 Jul 2022	Direct	F1
transaction	PI	Common Stock	Options Exercise	$202,380	+6,000	+17.81%	$33.73	39,689	29 Jul 2022	Direct
transaction	PI	Common Stock	Sale	-$150,056	-1,875	-4.72%	$80.03	37,814	29 Jul 2022	Direct	F1
transaction	PI	Common Stock	Sale	-$510,000	-6,000	-15.87%	$85	31,814	29 Jul 2022	Direct	F1

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	-6,000	-11.76%	$0	45,000	29 Jul 2022	Common Stock	6,000	$33.73	Direct	F2

* 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. Baker were effected pursuant to a Rule 10b5-1 trading plan effective on February 11, 2022.
F2	Twenty-five percent (25%) of the shares subject to the option vested on February 24, 2021, then one-forty-eighth (1/48) of the shares subject to the option vest every month thereafter (on the same day of the month), subject to the reporting person continuing to be a Service Provider, as defined in the Issuer's 2016 Equity Incentive Plan.