SEC Form 4 · accession 0000950103-18-006282
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
May 15, 2018
Accepted (ET)
May 17, 2018 · 8:48 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 | May 15, 2018 | M | 7,633 | $2.64 | A | 95,299 | D | |
| Ordinary SharesF1 | May 15, 2018 | M | 8,000 | $2.64 | A | 103,299 | D | |
| Ordinary SharesF2 | May 15, 2018 | S | 6,953 | $44.96 | D | 96,346 | D | |
| Ordinary SharesF3 | May 15, 2018 | S | 8,680 | $45.81 | 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)F4 | $2.64 | May 15, 2018 | M | 7,633 | D | — | Sep 29, 2019 | Ordinary Shares | 7,633 | 0 | D |
| Employee Stock Options (right to buy)F4 | $2.64 | May 15, 2018 | M | 8,000 | D | — | Sep 27, 2020 | Ordinary Shares | 8,000 | 12,000 | 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 at prices ranging from $44.38 to $45.35. 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 range.
- F3The price reported in Column 4 is a weighted average price. The reported securities were sold in multiple transactions at prices ranging from $45.38 to $46.34. 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 range.
- F4Fully vested and exercisable.