Cary Baker - Feb 20, 2025 Form 4 Insider Report for IMPINJ INC (PI)

Signature
/s/ Yukio Morikubo, Attorney in fact for Cary Baker
Stock symbol
PI
Transactions as of
Feb 20, 2025
Transactions value $
-$153,377
Form type
4
Date filed
2/24/2025, 04:34 PM
Previous filing
Jan 14, 2025
Next filing
Mar 25, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PI Common Stock Award $0 +6.25K +8.71% $0.00 78K Feb 20, 2025 Direct F1
transaction PI Common Stock Sale -$68.6K -701 -0.9% $97.82 77.3K Feb 21, 2025 Direct F2, F3
transaction PI Common Stock Sale -$23.1K -234 -0.3% $98.86 77.1K Feb 21, 2025 Direct F2, F4
transaction PI Common Stock Sale -$61.7K -618 -0.8% $99.79 76.5K Feb 21, 2025 Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 23, 2022, the Reporting Person was granted performance restricted stock units (PSUs). The PSUs vested upon the Reporting Person's satisfaction of certain performance criteria. On February 19, 2025, the Issuer's Board of Directors determined the level at which the corporate performance goals were attained, resulting in the vesting of 6,250 shares of Common Stock underlying the PSUs.
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 PSUs.
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 $97.20 to $98.14, 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 $98.44 to $99.38, 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 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 $99.68 to $99.985 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.