SEC Form 4 · accession 0001321732-16-000081
Penumbra Inc · PEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Arani Bose
Officer — Chief Innovator · Director
Period of report
Sep 7, 2016
Accepted (ET)
Sep 9, 2016 · 8:32 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 7, 2016 | M | 14,000 | $1.26 | A | 746,191 | D | |
| Common StockF2 | Sep 7, 2016 | S | 14,000 | $70.98 | D | 732,191 | D | |
| Common Stock | Sep 8, 2016 | M | 36,000 | $1.26 | A | 768,191 | D | |
| Common StockF3 | Sep 8, 2016 | S | 8,884 | $70.71 | D | 759,307 | D | |
| Common StockF4 | Sep 8, 2016 | S | 27,116 | $71.59 | D | 732,191 | D | |
| Common Stock | Sep 9, 2016 | M | 7,200 | $1.26 | A | 739,391 | D | |
| Common StockF5 | Sep 9, 2016 | S | 3,276 | $68.67 | D | 736,115 | D | |
| Common StockF6 | Sep 9, 2016 | S | 400 | $69.72 | D | 735,715 | D | |
| Common StockF7 | Sep 9, 2016 | S | 3,524 | $70.65 | D | 732,191 | D | |
| Common StockF8 | holding | — | — | — | 250,000 | I | By Trust | |
| Common StockF9 | holding | — | — | — | 250,000 | 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 | Sep 7, 2016 | M | 14,000 | D | — | Apr 30, 2017 | Common Stock | 14,000 | 43,200 | D |
| Stock Option (right to buy)F10 | $1.26 | Sep 8, 2016 | M | 36,000 | D | — | Apr 30, 2017 | Common Stock | 36,000 | 7,200 | D |
| Stock Option (right to buy)F10 | $1.26 | Sep 9, 2016 | M | 7,200 | D | — | Apr 30, 2017 | Common Stock | 7,200 | 0 | 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 $70.51 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.
- F3This transaction was executed in multiple trades at prices ranging from $70.27 to $71.26. 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 $71.27 to $71.82. 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 $68.38 to $69.19. 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 $69.57 to $69.98. 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 $70.44 to $70.82. 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.
- F8Shares are held by the Shumita Bose 2009 Family Trust.
- F9Shares are held by the Arani Bose 2009 Family Trust.