SEC Form 4 · accession 0000950103-17-012677

Penguin Solutions, Inc. · PENG

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

Reporting owner

Officer — Executive VP, CFO, COO

Period of report

Dec 19, 2017

Accepted (ET)

Dec 21, 2017 · 6:27 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001616533

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Ordinary Shares^F1,F2	Dec 19, 2017	A	24,000	$0.00	A	128,743	D
Ordinary Shares^F2	Dec 21, 2017	M	7,500	$11.55	A	136,243	D
Ordinary Shares^F3,F4,F2	Dec 21, 2017	S	6,000	$30.93	D	130,243	D
Ordinary Shares^F3,F4,F2	Dec 21, 2017	S	1,500	$31.57	D	128,743	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Options (right to buy)^F5	$11.55	Dec 21, 2017	M	7,500	D	—	May 23, 2026	Ordinary Shares	7,500	75,753	D

F1Award of restricted stock units vests 25% in January 2019, with the remainder vesting in quarterly installments over the subsequent three-year period.
F2Includes restricted stock units.
F3Shares sold pursuant to a previously established Rule 10b5-1 Plan.
F4This is a weighted average sale price. Shares reported in each line item were sold in multiple transactions at prices in the following ranges, respectively: from $30.31 to $31.29; and from $31.32 to $31.90. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the foregoing ranges.
F5The original option vested 50% in May 2017 with the remainder vesting quarterly through May 2018.