SEC Form 4 · accession 0000950103-18-007422
Penguin Solutions, Inc. · PENG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
KiWan Kim
Officer — SVP of EM & Pres. Brazil
Period of report
Apr 18, 2018
Accepted (ET)
Jun 14, 2018 · 6:25 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001616533
Table I — non-derivative securities
No Table I lines on this filing.
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)F1 | $43.94 | Apr 18, 2018 | A | 40,000 | A | — | Apr 18, 2028 | Ordinary Shares | 40,000 | 40,000 | D |
Explanation of responses
- F1The option will vest and become exercisable 25% on 4/18/2019, and the remaining shares will vest monthly and become exercisable over four years.