SEC Form 4 · accession 0001321732-17-000008
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
Jan 25, 2017
Accepted (ET)
Jan 27, 2017 · 8:22 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 Stock | Jan 25, 2017 | M | 16,500 | $1.26 | A | 748,691 | D | |
| Common StockF2 | Jan 25, 2017 | S | 11,793 | $75.02 | D | 736,898 | D | |
| Common StockF3 | Jan 25, 2017 | S | 4,707 | $75.68 | D | 732,191 | D | |
| Common Stock | Jan 26, 2017 | M | 9,500 | $1.26 | A | 741,691 | D | |
| Common StockF4 | Jan 26, 2017 | S | 5,981 | $72.85 | D | 735,710 | D | |
| Common StockF5 | Jan 26, 2017 | S | 3,416 | $73.70 | D | 732,294 | D | |
| Common StockF6 | Jan 26, 2017 | S | 103 | $75.04 | D | 732,191 | D | |
| Common Stock | Jan 27, 2017 | M | 5,500 | $1.26 | A | 737,691 | D | |
| Common StockF7,F8 | Jan 27, 2017 | S | 4,715 | $72.37 | D | 732,976 | D | |
| Common StockF7,F9 | Jan 27, 2017 | S | 785 | $73.32 | D | 732,191 | D | |
| Common StockF10 | holding | — | — | — | 250,000 | I | By Trust | |
| Common StockF11 | 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)F12 | $1.26 | Jan 25, 2017 | M | 16,500 | D | — | Sep 30, 2017 | Common Stock | 16,500 | 83,500 | D |
| Stock Option (right to buy)F12 | $1.26 | Jan 26, 2017 | M | 9,500 | D | — | Sep 30, 2017 | Common Stock | 9,500 | 74,000 | D |
| Stock Option (right to buy)F12 | $1.26 | Jan 27, 2017 | M | 5,500 | D | — | Sep 30, 2017 | Common Stock | 5,500 | 68,500 | D |
Explanation of responses
- F1The sales were effected pursuant to the Reporting Person's Rule 10b5-1 trading plan.
- F10Shares are held by the Arani Bose 2009 Family Trust.
- F11Shares are held by the Shumita Bose 2009 Family Trust.
- F12All shares are vested and exercisable.
- F2This transaction was executed in multiple trades at prices ranging from $74.45 to $75.43. 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 $75.45 to $75.90. 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 $72.40 to $73.35. 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 $73.45 to $74.30. 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.
- F6This transaction was executed in multiple trades at prices ranging from $74.65 to $75.05. 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.
- F7These transactions occurred prior to the date on which the Reporting Person became subject to Section 16 and were reflected on the Reporting Person's Form 3.
- F8This transaction was executed in multiple trades at prices ranging from $72.05 to $72.95. 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.
- F9This transaction was executed in multiple trades at prices ranging from $73.15 to $73.70. 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.