SEC Form 4 · accession 0000950103-18-000211
Penguin Solutions, Inc. · PENG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bruce M Goldberg
Officer — VP, Chief Legal Officer
Period of report
Jan 5, 2018
Accepted (ET)
Jan 5, 2018 · 7:44 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary SharesF1 | Jan 5, 2018 | M | 2,500 | $2.64 | A | 14,190 | D | |
| Ordinary SharesF2,F3,F1 | Jan 5, 2018 | S | 1,000 | $35.02 | D | 13,190 | D | |
| Ordinary SharesF2,F3,F1 | Jan 5, 2018 | S | 1,500 | $36.26 | D | 11,690 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Options (right to buy)F4 | $2.64 | Jan 5, 2018 | M | 2,500 | D | — | Aug 24, 2019 | Ordinary Shares | 2,500 | 14,166 | D |
Explanation of responses
- F1Includes restricted stock units.
- F2Shares sold pursuant to a previously established Rule 10b5-1 Plan.
- F3This 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 $34.64 to $35.58; and from $35.89 to $36.53. 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.
- F4Fully vested and exercisable.