SEC Form 4 · accession 0000950103-18-005698
Penguin Solutions, Inc. · PENG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bruce M Goldberg
Officer — VP, Chief Legal Officer
Period of report
Apr 27, 2018
Accepted (ET)
May 1, 2018 · 7:40 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 | Apr 27, 2018 | M | 2,785 | $2.64 | A | 13,676 | D | |
| Ordinary SharesF2 | Apr 27, 2018 | S | 2,285 | $39.3202 | D | 11,391 | D | |
| Ordinary SharesF3 | Apr 27, 2018 | S | 300 | $40.81 | D | 11,091 | D | |
| Ordinary SharesF4 | Apr 27, 2018 | S | 200 | $42.15 | D | 10,891 | 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)F5 | $2.64 | Apr 27, 2018 | M | 2,785 | D | — | Aug 24, 2019 | Ordinary Shares | 2,785 | 6,381 | D |
Explanation of responses
- 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 $38.9600 to $39.9599. 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 price reported in Column 4 is a weighted average price. The reported securities were sold in multiple transactions at prices ranging from $40.6200 to $41.6199. 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.
- F4The price reported in Column 4 is a weighted average price. The reported securities were sold in multiple transactions at prices ranging from $41.9800 to $42.9799. 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.
- F5The original option vested and became exercisable 50% in May 2017 with the remainder vesting quarterly through May 2018.