SEC Form 4 · accession 0000950103-18-000583
Penguin Solutions, Inc. · PENG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan Marten
Officer — Sr. VP, Chief Strategy Officer
Period of report
Jan 16, 2018
Accepted (ET)
Jan 18, 2018 · 6:34 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 SharesF3 | Jan 16, 2018 | M | 8,700 | $2.64 | A | 96,366 | D | |
| Ordinary SharesF1,F2,F3 | Jan 16, 2018 | S | 7,700 | $35.63 | D | 88,666 | D | |
| Ordinary SharesF1,F2,F3 | Jan 16, 2018 | S | 1,000 | $36.44 | D | 87,666 | 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 Option (right to buy)F4 | $2.64 | Jan 16, 2018 | M | 8,700 | D | — | Sep 29, 2019 | Common Stock | 8,700 | 24,633 | D |
Explanation of responses
- F1Shares sold pursuant to a previously established Rule 10b5-1 Plan.
- F2This 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 $35.13 to $36.01 and from $36.13 to $36.87. 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.
- F3Includes restricted stock units.
- F4Fully vested and exercisable.