SEC Form 4 · accession 0001321732-18-000092

Penumbra Inc · PEN

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — See Remarks

Period of report

Jul 19, 2018

Accepted (ET)

Jul 23, 2018 · 7:00 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
Common Stock^F1	Jul 19, 2018	M	7,500	$12.36	A	72,787	D
Common Stock^F3,F1	Jul 19, 2018	S	2,575	$139.18	D	70,212	D
Common Stock^F4,F1	Jul 19, 2018	S	4,925	$140.31	D	65,287	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option (right to buy)^F5	$12.36	Jul 19, 2018	M	7,500	D	—	Mar 22, 2025	Common Stock	7,500	132,817	D

F1A portion of these shares is subject to vesting.
F2The sales were effected pursuant to the Reporting Person's Rule 10b5-1 trading plan.
F3This transaction was executed in multiple trades at prices ranging from $138.65 to $139.60. 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 $139.95 to $140.55. 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.
F5The original option grant vests over four years, with 25% of the shares vesting on January 26, 2016 and 1/48 vesting each month thereafter.

The Reporting Person is Chief Commercial Officer and President, North America.