SEC Form 4 · accession 0001321732-18-000025
Penumbra Inc · PEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel Donen Davis
Officer — See Remarks
Period of report
Feb 15, 2018
Accepted (ET)
Feb 20, 2018 · 7:36 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 StockF2 | Feb 15, 2018 | F | 2,479 | $98.20 | D | 21,619 | D | |
| Common StockF3,F2 | Feb 16, 2018 | A | 10,190 | $98.20 | A | 31,809 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were withheld by or surrendered to Penumbra to pay the reporting person's tax withholding obligations incurred in connection with the vesting of the related restricted stock unit.
- F2A portion of these shares is subject to vesting.
- F3On February 16, 2018, the Reporting Person was granted 10,190 RSUs under the Company's 2014 Equity Incentive Plan, of which 1/4 of the RSUs will vest equally on an annual basis, beginning on February 16, 2019, subject to continued service by the Reporting Person on the applicable vesting date.
Remarks
The Reporting Person is Chief Commercial Officer and President, North America.