SEC Form 4 · accession 0001321732-18-000118
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
Aug 29, 2018
Accepted (ET)
Aug 31, 2018 · 8:22 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 | Aug 29, 2018 | M | 629 | $22.04 | A | 16,296 | D | |
| Common Stock | Aug 29, 2018 | S | 629 | $135.00 | D | 15,667 | D | |
| Common Stock | Aug 30, 2018 | M | 2,371 | $22.04 | A | 18,038 | D | |
| Common StockF2 | Aug 30, 2018 | S | 2,371 | $135.10 | D | 15,667 | D | |
| Common StockF3 | holding | — | — | — | 152,296 | 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 | Aug 29, 2018 | M | 629 | D | — | Aug 11, 2025 | Common Stock | 629 | 15,242 | D |
| Stock Option (right to buy)F4 | $22.04 | Aug 30, 2018 | M | 2,371 | D | — | Aug 11, 2025 | Common Stock | 2,371 | 12,871 | 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 $135.00 to $135.35. 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.
- F3Shares are held by The 2010 Robert D. Evans and Norma J. Evans Revocable Trust u/d/t dated November 11, 2010.
- F4Option grant vests over four years, with 25% of the shares vesting on August 1, 2016 and 1/48 vesting each month thereafter.