SEC Form 4 · accession 0000950103-18-003692

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

Mar 21, 2018

Accepted (ET)

Mar 23, 2018 · 3:39 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 21, 2018	M	7,500	$11.55	A	117,819	D
Ordinary Shares^F2	Mar 21, 2018	S	4,999	$46.2866	D	112,820	D
Ordinary Shares^F2	Mar 21, 2018	S	2,501	$47.0216	D	110,319	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	$11.55	Mar 21, 2018	M	7,500	D	—	May 23, 2026	Ordinary Shares	7,500	53,253	D

F1Shares sold pursuant to a previously established Rule 10b5-1 Plan adopted by the reporting person on 10/25/17.
F2The price reported in Column 4 is a weighted average price. The reported securities were sold in multiple transactions at prices ranging from $45.8500 to $47.5300. 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 50% in May 2017 with the remainder vesting quarterly through May 2018.