SEC Form 4 · accession 0001321732-17-000112
Penumbra Inc · PEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert D. Evans
Officer — EVP, Gen. Counsel & Secretary
Period of report
Apr 24, 2017
Accepted (ET)
Apr 26, 2017 · 6:14 pm EDT
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 | Apr 24, 2017 | M | 5,000 | $22.04 | A | 12,075 | D | |
| Common StockF2 | Apr 24, 2017 | S | 5,000 | $85.24 | D | 7,075 | D | |
| Common StockF2,F3 | Apr 24, 2017 | S | 5,000 | $85.24 | D | 241,296 | 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)F4 | $22.04 | Apr 24, 2017 | M | 5,000 | D | — | Aug 11, 2025 | Common Stock | 5,000 | 40,463 | 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 $85.00 to $85.68. 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.
- F3Shares are held by The 2010 Robert D. Evans and Norma J. Evans Revocable Trust u/d/t dated November 11, 2010.
- F4Option vests over four years, with 25% of the option vesting on August 1, 2016 and 1/48 vesting each month thereafter.