SEC Form 4 · accession 0000950103-18-004890
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
Apr 16, 2018
Accepted (ET)
Apr 17, 2018 · 5:53 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary SharesF1,F2 | Apr 16, 2018 | M | 8,500 | $42.8087 | A | 96,166 | D | |
| Ordinary Shares | Apr 16, 2018 | S | 4,931 | $42.3881 | D | 91,235 | D | |
| Ordinary Shares | Apr 16, 2018 | S | 2,469 | $42.7841 | D | 88,766 | D | |
| Ordinary Shares | Apr 16, 2018 | S | 300 | $44.0277 | D | 88,466 | D | |
| Ordinary Shares | Apr 16, 2018 | S | 800 | $45.02 | 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 Options (right to buy)F3 | $2.64 | Apr 16, 2018 | M | 8,500 | D | — | Sep 29, 2019 | Ordinary Shares | 8,500 | 7,633 | D |
Explanation of responses
- F1The sales were effective pursuant to a Rule 10b5-1 Plan adopted by the reporting person on 10/24/2017.
- 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 $41.6200 to $45.3400. 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 such ranges.
- F3Fully vested and exercisable.