SEC Form 4 · accession 0001321732-16-000049
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 25, 2016
Accepted (ET)
Aug 29, 2016 · 8:53 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 25, 2016 | M | 8,800 | $1.26 | A | 1,244,638 | D | |
| Common StockF2 | Aug 25, 2016 | S | 7,360 | $70.52 | D | 1,237,278 | D | |
| Common StockF3 | Aug 25, 2016 | S | 1,440 | $70.86 | D | 1,235,838 | D | |
| Common Stock | Aug 26, 2016 | M | 18,000 | $1.26 | A | 1,253,838 | D | |
| Common StockF4 | Aug 26, 2016 | S | 6,700 | $70.82 | D | 1,247,138 | D | |
| Common StockF5 | Aug 26, 2016 | S | 11,300 | $71.59 | D | 1,235,838 | D | |
| Common StockF6 | 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)F7 | $1.26 | Aug 25, 2016 | M | 8,800 | D | — | Apr 30, 2017 | Common Stock | 8,800 | 162,200 | D |
| Stock Option (right to buy)F7 | $1.26 | Aug 26, 2016 | M | 18,000 | D | — | Apr 30, 2017 | Common Stock | 18,000 | 144,200 | D |
Explanation of responses
- F1The sales were effected pursuant to the Reporting Person's Rule 10b5-1 trading plan.
- F2This transaction was executed in multiple trades at prices ranging from $69.73 to $70.71. 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 $70.73 to $71.10. 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 $70.36 to $71.34. 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 $71.36 to $71.99. 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.
- F6Shares are held by the Siegel/Elsesser Revocable Trust.
- F7All shares are vested and exercisable.