SEC Form 4 · accession 0001321732-17-000071
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 10, 2017
Accepted (ET)
Feb 14, 2017 · 6:51 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 10, 2017 | M | 6,100 | $1.26 | A | 1,241,938 | D | |
| Common StockF2 | Feb 10, 2017 | S | 400 | $71.00 | D | 1,241,538 | D | |
| Common StockF3 | Feb 10, 2017 | S | 5,700 | $72.09 | D | 1,235,838 | D | |
| Common Stock | Feb 13, 2017 | M | 1,600 | $1.26 | A | 1,237,438 | D | |
| Common StockF4 | Feb 13, 2017 | S | 1,000 | $72.50 | D | 1,236,438 | D | |
| Common StockF5 | Feb 13, 2017 | S | 400 | $73.44 | D | 1,236,038 | D | |
| Common StockF6 | Feb 13, 2017 | S | 200 | $74.33 | D | 1,235,838 | D | |
| Common StockF7 | 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)F8 | $1.26 | Feb 10, 2017 | M | 6,100 | D | — | Sep 30, 2017 | Common Stock | 6,100 | 1,600 | D |
| Stock Option (right to buy)F8 | $1.26 | Feb 13, 2017 | M | 1,600 | D | — | Sep 30, 2017 | Common Stock | 1,600 | 0 | 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 $70.40 to $71.30. 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.
- F3This transaction was executed in multiple trades at prices ranging from $71.40 to $72.35. 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.
- F4This 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.
- F5This transaction was executed in multiple trades at prices ranging from $73.30 to $73.50. 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.
- F6This transaction was executed in multiple trades at prices ranging from $74.30 to $74.35. 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.
- F7Shares are held by the Siegel/Elsesser Revocable Trust.
- F8All shares are vested and exercisable.