SEC Form 4 · accession 0000950103-18-003608

Penguin Solutions, Inc. · PENG

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

Reporting owner

Officer — VP, Chief Legal Officer

Period of report

Mar 19, 2018

Accepted (ET)

Mar 21, 2018 · 3:38 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	Mar 19, 2018	M	2,500	$2.64	A	13,391	D
Ordinary Shares^F2	Mar 19, 2018	S	1,300	$41.994	D	12,091	D
Ordinary Shares^F2	Mar 19, 2018	S	300	$42.8167	D	11,791	D
Ordinary Shares^F2	Mar 19, 2018	S	200	$43.975	D	11,591	D
Ordinary Shares^F2	Mar 19, 2018	S	600	$45.3117	D	10,991	D
Ordinary Shares^F2	Mar 19, 2018	S	100	$45.69	D	10,891	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)^F3,F4	$2.64	Mar 19, 2018	M	2,500	D	—	Aug 24, 2019	Ordinary Shares	2,500	9,166	D

F1The sales were effective pursuant to a Rule 10b5-1 Plan adopted by the reporting person on 10/25/2017.
F2The price reported in Column 4 is a weighted average price. The reported securities were sold in multiple transactions at prices ranging from $41.37 to $45.69. 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
F3The original option vested and became exercisable 50% in May 2017 with the remainder vesting quarterly through May 2018.
F4The reporting person's Form 4 filed on 2/27/18 incorrectly reported the expiration date of this option as 02/05/2024.