SEC Form 4 · accession 0000950103-18-009701
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
Aug 13, 2018
Accepted (ET)
Aug 15, 2018 · 2:44 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 | Aug 13, 2018 | M | 3,600 | $2.64 | A | 14,491 | D | |
| Ordinary SharesF2 | Aug 13, 2018 | S | 2,012 | $30.61 | D | 12 | D | |
| Ordinary SharesF3 | Aug 13, 2018 | S | 1,588 | $31.42 | 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,F4 | $2.64 | Aug 13, 2018 | M | 3,600 | D | — | Sep 27, 2020 | Ordinary Shares | 3,600 | 7,436 | D |
Explanation of responses
- F1The transactions reported herein were effective pursuant to a Rule 10b5-1 Plan adopted by the reporting person on 10/25/2017 and modified on 04/07/2018 and 08/03/2018.
- F2The price reported in Column 4 is a weighted average price. The reported securities were sold in multiple transactions at prices ranging from $30.20 to $31.17. 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.
- F3The price reported in Column 4 is a weighted average price. The reported securities were sold in multiple transactions at prices ranging from $31.20 to $31.62. 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.
- F4The option was granted on 09/28/2010 and was fully vested on 09/28/2014.
- F5These options were included in the reporting person's Form 3 dated 05/22/2017 with an expiration date of 02/05/2014. The correct date of these options was, at the time of the Form 3, and is now, 09/27/2020.