SEC Form 4 · accession 0001321732-17-000024
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
Jan 30, 2017
Accepted (ET)
Feb 1, 2017 · 8:03 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 30, 2017 | M | 8,200 | $1.26 | A | 1,244,038 | D | |
| Common StockF2 | Jan 30, 2017 | S | 4,511 | $70.50 | D | 1,239,527 | D | |
| Common StockF3 | Jan 30, 2017 | S | 3,689 | $70.99 | D | 1,235,838 | D | |
| Common Stock | Jan 31, 2017 | M | 9,000 | $1.26 | A | 1,244,838 | D | |
| Common StockF4 | Jan 31, 2017 | S | 8,400 | $71.24 | D | 1,236,438 | D | |
| Common StockF5 | Jan 31, 2017 | S | 600 | $71.56 | D | 1,235,838 | D | |
| Common Stock | Feb 1, 2017 | M | 4,200 | $1.26 | A | 1,240,038 | D | |
| Common StockF6 | Feb 1, 2017 | S | 3,399 | $70.73 | D | 1,236,639 | D | |
| Common StockF7 | Feb 1, 2017 | S | 801 | $71.56 | D | 1,235,838 | D | |
| Common StockF8 | 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)F9 | $1.26 | Jan 30, 2017 | M | 8,200 | D | — | Sep 30, 2017 | Common Stock | 8,200 | 60,300 | D |
| Stock Option (right to buy)F9 | $1.26 | Jan 31, 2017 | M | 9,000 | D | — | Sep 30, 2017 | Common Stock | 9,000 | 51,300 | D |
| Stock Option (right to buy)F9 | $1.26 | Feb 1, 2017 | M | 4,200 | D | — | Sep 30, 2017 | Common Stock | 4,200 | 47,100 | 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 $69.85 to $70.80. 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 $70.85 to $71.25. 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 $70.55 to $71.50. 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 $71.55 to $71.60. 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 $70.25 to $71.15. 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 $71.30 to $71.70. 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.
- F8Shares are held by the Siegel/Elsesser Revocable Trust.
- F9All shares are vested and exercisable.