SEC Form 4 · accession 0001321732-17-000049
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
Feb 7, 2017
Accepted (ET)
Feb 9, 2017 · 7:42 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 7, 2017 | M | 4,000 | $1.26 | A | 1,239,838 | D | |
| Common StockF2 | Feb 7, 2017 | S | 3,046 | $68.98 | D | 1,236,792 | D | |
| Common StockF3 | Feb 7, 2017 | S | 954 | $69.44 | D | 1,235,838 | D | |
| Common Stock | Feb 8, 2017 | M | 9,300 | $1.26 | A | 1,245,138 | D | |
| Common StockF4 | Feb 8, 2017 | S | 1,709 | $68.60 | D | 1,243,429 | D | |
| Common StockF5 | Feb 8, 2017 | S | 4,071 | $69.81 | D | 1,239,358 | D | |
| Common StockF6 | Feb 8, 2017 | S | 3,520 | $70.17 | D | 1,235,838 | D | |
| Common Stock | Feb 9, 2017 | M | 9,000 | $1.26 | A | 1,244,838 | D | |
| Common Stock | Feb 9, 2017 | S | 100 | $68.95 | D | 1,244,738 | D | |
| Common StockF7 | Feb 9, 2017 | S | 1,200 | $70.35 | D | 1,243,538 | D | |
| Common StockF8 | Feb 9, 2017 | S | 1,300 | $71.59 | D | 1,242,238 | D | |
| Common StockF9 | Feb 9, 2017 | S | 6,400 | $72.14 | D | 1,235,838 | D | |
| Common StockF10 | 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)F11 | $1.26 | Feb 7, 2017 | M | 4,000 | D | — | Sep 30, 2017 | Common Stock | 4,000 | 26,000 | D |
| Stock Option (right to buy)F11 | $1.26 | Feb 8, 2017 | M | 9,300 | D | — | Sep 30, 2017 | Common Stock | 9,300 | 16,700 | D |
| Stock Option (right to buy)F11 | $1.26 | Feb 9, 2017 | M | 9,000 | D | — | Sep 30, 2017 | Common Stock | 9,000 | 7,700 | D |
Explanation of responses
- F1The sales were effected pursuant to the Reporting Person's Rule 10b5-1 trading plan.
- F10Shares are held by the Siegel/Elsesser Revocable Trust.
- F11All shares are vested and exercisable.
- F2This transaction was executed in multiple trades at prices ranging from $68.25 to $69.20. 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 $69.25 to $69.75. 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 $68.10 to $69.05. 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.
- F5This transaction was executed in multiple trades at prices ranging from $69.10 to $70.08. 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 $70.10 to $70.25. 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.
- F7This transaction was executed in multiple trades at prices ranging from $70.00 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.
- F8This transaction was executed in multiple trades at prices ranging from $71.05 to $71.90. 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.
- F9This transaction was executed in multiple trades at prices ranging from $71.95 to $72.30. 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.