SEC Form 4 · accession 0001321732-16-000071
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
Sep 1, 2016
Accepted (ET)
Sep 6, 2016 · 9:19 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 | Sep 1, 2016 | M | 10,700 | $1.26 | A | 1,246,538 | D | |
| Common StockF2 | Sep 1, 2016 | S | 10,100 | $69.85 | D | 1,236,438 | D | |
| Common StockF3 | Sep 1, 2016 | S | 600 | $70.24 | D | 1,235,838 | D | |
| Common Stock | Sep 2, 2016 | M | 15,300 | $1.26 | A | 1,251,138 | D | |
| Common StockF4 | Sep 2, 2016 | S | 15,300 | $70.42 | D | 1,235,838 | D | |
| Common Stock | Sep 6, 2016 | M | 35,000 | $1.26 | A | 1,270,838 | D | |
| Common StockF5 | Sep 6, 2016 | S | 14,178 | $70.88 | D | 1,256,660 | D | |
| Common StockF6 | Sep 6, 2016 | S | 20,822 | $71.26 | D | 1,235,838 | D | |
| Common StockF7 | 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)F8 | $1.26 | Sep 1, 2016 | M | 10,700 | D | — | Apr 30, 2017 | Common Stock | 10,700 | 107,500 | D |
| Stock Option (right to buy)F8 | $1.26 | Sep 2, 2016 | M | 15,300 | D | — | Apr 30, 2017 | Common Stock | 15,300 | 92,200 | D |
| Stock Option (right to buy)F8 | $1.26 | Sep 6, 2016 | M | 35,000 | D | — | Apr 30, 2017 | Common Stock | 35,000 | 57,200 | 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 $69.21 to $70.20. 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 $70.22 to $70.25. 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 $69.97 to $70.70. 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 $70.10 to $71.09. 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 $71.10 to $71.36. 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.
- F7Shares are held by the Siegel/Elsesser Revocable Trust.
- F8All shares are vested and exercisable.