SEC Form 4 · accession 0001321732-17-000038
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
Feb 2, 2017
Accepted (ET)
Feb 6, 2017 · 9:02 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 | Feb 2, 2017 | M | 4,500 | $1.26 | A | 736,691 | D | |
| Common StockF2 | Feb 2, 2017 | S | 2,798 | $69.80 | D | 733,893 | D | |
| Common StockF3 | Feb 2, 2017 | S | 1,702 | $70.55 | D | 732,191 | D | |
| Common Stock | Feb 3, 2017 | M | 8,000 | $1.26 | A | 740,191 | D | |
| Common StockF4 | Feb 3, 2017 | S | 2,500 | $69.77 | D | 737,691 | D | |
| Common StockF5 | Feb 3, 2017 | S | 5,500 | $70.61 | D | 732,191 | D | |
| Common Stock | Feb 6, 2017 | M | 4,600 | $1.26 | A | 736,791 | D | |
| Common StockF6 | Feb 6, 2017 | S | 2,340 | $69.04 | D | 734,451 | D | |
| Common StockF7 | Feb 6, 2017 | S | 2,260 | $69.65 | 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 | Feb 2, 2017 | M | 4,500 | D | — | Sep 30, 2017 | Common Stock | 4,500 | 42,600 | D |
| Stock Option (right to buy)F10 | $1.26 | Feb 3, 2017 | M | 8,000 | D | — | Sep 30, 2017 | Common Stock | 8,000 | 34,600 | D |
| Stock Option (right to buy)F10 | $1.26 | Feb 6, 2017 | M | 4,600 | D | — | Sep 30, 2017 | Common Stock | 4,600 | 30,000 | 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 $69.30 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 $70.30 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.
- F4This transaction was executed in multiple trades at prices ranging from $69.20 to $70.10. 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 $70.20 to $70.95. 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.
- F6This transaction was executed in multiple trades at prices ranging from $68.45 to $69.40. 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 $69.45 to $70.00. 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 Arani Bose 2009 Family Trust.
- F9Shares are held by the Shumita Bose 2009 Family Trust.