SEC Form 4 · accession 0001321732-16-000010
Penumbra Inc · PEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Don W. Kassing
Director
Period of report
May 19, 2016
Accepted (ET)
May 23, 2016 · 7:06 pm EDT
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 StockF2,F3 | May 19, 2016 | S | 3,000 | $48.6301 | D | 13,000 | I | By Trust |
| Common StockF4 | holding | — | — | — | 4,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Sale primarily to cover existing and arising tax liabilities
- F2This transaction was executed in multiple trades at prices ranging from $48.44 to $48.67. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F3Shares are held by The Kassing Family Trust.
- F4Includes restricted stock units vested/vesting as to 1/4 on each of March 31, 2016, June 30, 2016, September 30, 2016 and December 31, 2016.