Lambert Shiu - Feb 14, 2025 Form 4 Insider Report for Penumbra Inc (PEN)

Role
Chief Accounting Officer
Signature
/s/ Johanna Roberts, as attorney-in-fact for Lambert Shiu
Stock symbol
PEN
Transactions as of
Feb 14, 2025
Transactions value $
$73,973
Form type
4
Date filed
2/19/2025, 07:39 PM
Previous filing
Dec 17, 2024
Next filing
Mar 5, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PEN Common Stock Options Exercise $99.7K +4.53K +18.12% $22.04 29.5K Feb 14, 2025 Direct F1
transaction PEN Common Stock Award $0 +640 +2.17% $0.00 30.1K Feb 14, 2025 Direct F1, F2
transaction PEN Common Stock Award $0 +1.51K +5.01% $0.00 31.7K Feb 18, 2025 Direct F1, F3
transaction PEN Common Stock Tax liability -$25.8K -95 -0.3% $271.14 31.6K Feb 18, 2025 Direct F1, F4
holding PEN Common Stock 300 Feb 14, 2025 By Spouse's IRA F5

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 PEN Stock Option (right to buy) Options Exercise $0 -4.53K -32.97% $0.00 9.2K Feb 14, 2025 Common Stock 4.53K $22.04 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 A portion of these shares is subject to vesting.
F2 On February 14, 2025, the Reporting Person was granted 640 restricted stock units (RSUs) under the Issuer's Amended and Restated 2014 Equity Incentive Plan, of which 1/4 of the RSUs will vest equally on February 18, 2025, February 15, 2026, February 15, 2027 and February 15, 2028, subject to continued service by the Reporting Person on the applicable vesting date.
F3 On February 18, 2025, the Reporting Person was granted 1,510 RSUs under the Issuer's Amended and Restated 2014 Equity Incentive Plan, of which 1/4 of the RSUs will vest equally on an annual basis, beginning on February 15, 2026, subject to continued service by the Reporting Person on the applicable vesting date.
F4 Shares were withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of RSUs granted to the Reporting Person.
F5 Shares are held by the Reporting Person's spouse in an IRA.
F6 All shares are vested and exercisable.