SEC Form 4 · accession 0000950103-18-008619
Penguin Solutions, Inc. · PENG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan Marten
Officer — Senior Vice President
Period of report
Jul 16, 2018
Accepted (ET)
Jul 17, 2018 · 7:05 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 | Jul 16, 2018 | M | 4,000 | $11.55 | A | 91,666 | D | |
| Ordinary SharesF1 | Jul 16, 2018 | M | 4,000 | $2.64 | A | 95,666 | D | |
| Ordinary SharesF2 | Jul 16, 2018 | S | 4,832 | $31.11 | D | 90,834 | D | |
| Ordinary SharesF3 | Jul 16, 2018 | S | 3,168 | $31.62 | 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 | $11.55 | Jul 16, 2018 | M | 4,000 | D | — | May 23, 2026 | Ordinary Shares | 4,000 | 92,922 | D |
| Employee Stock Options (right to buy)F5 | $2.64 | Jul 16, 2018 | M | 4,000 | D | — | Sep 27, 2020 | Ordinary Shares | 4,000 | 0 | D |
Explanation of responses
- F1The sales were effective pursuant to a Rule 10b5-1 Plan adopted by the reporting person on 10/24/2017 and modified on 4/17/2018.
- F2The price reported in Column 4 is a weighted average price. The reported securities were sold in multiple transactions at prices ranging from $30.46 to $31.44. 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 $31.46 to $31.81. 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.
- F5Fully vested and exercisable.