SEC Form 4 · accession 0000950103-18-003502

Penguin Solutions, Inc. · PENG

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

Reporting owner

Officer — Sr. VP, Chief Strategy Officer

Period of report

Mar 15, 2018

Accepted (ET)

Mar 19, 2018 · 7:22 pm EDT

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	Mar 15, 2018	M	8,500	$41.5741	A	96,166	D
Ordinary Shares	Mar 15, 2018	S	2,206	$40.6786	D	93,960	D
Ordinary Shares	Mar 15, 2018	S	4,499	$41.7083	D	89,461	D
Ordinary Shares	Mar 15, 2018	S	1,795	$42.3385	D	87,666	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)^F4,F3	$2.64	Mar 15, 2018	M	8,500	D	—	Sep 29, 2019	Ordinary Shares	8,500	16,133	D

F1Shares sold pursuant to a previously established Rule 10b5-1 Plan.
F2The price reported in Column 4 is a weighted average price. The reported securities were sold in multiple transactions within a one dollar price range, ranging in the aggregate from $40.10 to $42.58. 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 ranges set forth in footnote (2) to this Form 4
F3Fully vested and exercisable.
F4Amount reflects correction of prior Form 4 filed on February 15, 2018, which inadvertently reported such exercise and sale as occurring with respect to this option but which was instead with respect to an option on 8,811 shares at the same strike price, but with an expiration date of 9/23/2018 (which was incorrectly reported on the reporting person's Form 3 as being with respect to 26,666 shares).