SEC Form 4 · accession 0001321732-16-000037
Penumbra Inc · PEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Adam Elsesser
Officer — Chairman, CEO and President · Director
Period of report
Aug 22, 2016
Accepted (ET)
Aug 24, 2016 · 9:52 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 Stock | Aug 22, 2016 | M | 10,100 | $1.26 | A | 1,245,938 | D | |
| Common StockF2 | Aug 22, 2016 | S | 8,800 | $72.99 | D | 1,237,138 | D | |
| Common StockF3 | Aug 22, 2016 | S | 1,300 | $73.50 | D | 1,235,838 | D | |
| Common Stock | Aug 23, 2016 | M | 10,000 | $1.26 | A | 1,245,838 | D | |
| Common StockF4 | Aug 23, 2016 | S | 7,650 | $72.75 | D | 1,238,188 | D | |
| Common StockF5 | Aug 23, 2016 | S | 2,350 | $73.51 | D | 1,235,838 | D | |
| Common Stock | Aug 24, 2016 | M | 8,900 | $1.26 | A | 1,244,738 | D | |
| Common StockF6 | Aug 24, 2016 | S | 400 | $71.06 | D | 1,244,338 | D | |
| Common StockF7 | Aug 24, 2016 | S | 1,400 | $72.34 | D | 1,242,938 | D | |
| Common StockF8 | Aug 24, 2016 | S | 7,100 | $73.07 | D | 1,235,838 | D | |
| Common StockF9 | holding | — | — | — | 14,144 | I | By Trust |
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)F10 | $1.26 | Aug 22, 2016 | M | 10,100 | D | — | Apr 30, 2017 | Common Stock | 10,100 | 189,900 | D |
| Stock Option (right to buy)F10 | $1.26 | Aug 23, 2016 | M | 10,000 | D | — | Apr 30, 2017 | Common Stock | 10,000 | 179,900 | D |
| Stock Option (right to buy)F10 | $1.26 | Aug 24, 2016 | M | 8,900 | D | — | Apr 30, 2017 | Common Stock | 8,900 | 171,000 | D |
Explanation of responses
- F1The sales were effected pursuant to the Reporting Person's Rule 10b5-1 trading plan.
- F10All shares are vested and exercisable.
- F2This transaction was executed in multiple trades at prices ranging from $72.45 to $73.44. 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 a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F3This transaction was executed in multiple trades at prices ranging from $73.45 to $73.59. 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 a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F4This transaction was executed in multiple trades at prices ranging from $72.29 to $73.22. 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 a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F5This transaction was executed in multiple trades at prices ranging from $73.32 to $73.54. 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 a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F6This transaction was executed in multiple trades at prices ranging from $70.71 to $71.60. 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 a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F7This transaction was executed in multiple trades at prices ranging from $71.80 to $72.68. 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 a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F8This transaction was executed in multiple trades at prices ranging from $72.74 to $73.59. 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 a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F9Shares are held by the Siegel/Elsesser Revocable Trust.