SEC Form 4 · accession 0001321732-16-000093
Penumbra Inc · PEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sridhar Kosaraju
Officer — CFO and Head of Strategy
Period of report
Nov 15, 2016
Accepted (ET)
Nov 17, 2016 · 7:29 pm EST
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,F4 | Nov 15, 2016 | S | 2,900 | $65.01 | D | 536,707 | I | By Trust |
| Common StockF5,F3,F4 | Nov 16, 2016 | S | 22,100 | $65.08 | D | 514,607 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
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 $65.00 to $65.05. 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.
- F3A portion of these shares is subject to vesting.
- F4Shares are held by the Kosaraju Family Trust.
- F5This transaction was executed in multiple trades at prices ranging from $65.00 to $65.30. 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.