SEC Form 4 · accession 0000950103-18-002705
Penumbra Inc · PEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel Donen Davis
Officer — See Remarks
Period of report
Feb 13, 2017
Accepted (ET)
Feb 28, 2018 · 7:45 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001321732
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | Feb 13, 2017 | A | 20,000 | $0.00 | A | 51,809 | D | |
| Common StockF3 | Feb 26, 2018 | M | 13,478 | $3.98 | A | 65,287 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F4 | $3.98 | Feb 26, 2018 | M | 13,478 | A | — | Sep 29, 2021 | Common Stock | 13,478 | 78,478 | D |
Explanation of responses
- F1This transaction is being reported late due to administrative oversight.
- F2On February 13, 2017, the Reporting Person was granted 20,000 RSUs under the Company's 2014 Equity Incentive Plan, of which 1/4 of the RSUs will vest equally on an annual basis, beginning on February 15, 2018, subject to continued service by the Reporting Person on the applicable vesting date.
- F3A portion of these shares is subject to vesting.
- F4All options are vested and exercisable.
Remarks
The Reporting Person is Chief Commercial Officer and President, North America.