SEC Form 4 · accession 0000950103-18-009750
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
Aug 15, 2018
Accepted (ET)
Aug 17, 2018 · 2:03 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,F2 | Aug 15, 2018 | M | 8,800 | $11.55 | A | 106,466 | D | |
| Ordinary SharesF3 | Aug 15, 2018 | S | 7,500 | $28.95 | D | 98,966 | D | |
| Ordinary SharesF4 | Aug 15, 2018 | S | 500 | $29.82 | D | 98,466 | D | |
| Ordinary SharesF5 | Aug 15, 2018 | S | 800 | $30.62 | D | 97,666 | 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)F6 | $11.55 | Aug 15, 2018 | M | 8,800 | D | — | May 23, 2026 | Ordinary Shares | 8,800 | 84,122 | D |
Explanation of responses
- F1The transactions reported herein were effective pursuant to a Rule 10b5-1 Plan adopted by the reporting person on 10/24/2017 and modified on 4/17/2018.
- F2Includes 10,000 Ordinary Shares beneficially owned by the reporting person that were reported in the reporting person's Form 4 filing on 6/14/2018 but were inadvertently omitted from the reporting person's Form 4 filings on 6/19/2018 and 7/17/2018.
- F3The price reported in Column 4 is a weighted average price. The reported securities were sold in multiple transactions at prices ranging from $28.42 to $29.33. 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.
- F4The price reported in Column 4 is a weighted average price. The reported securities were sold in multiple transactions at prices ranging from $29.43 to $30.25. 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.
- F5The price reported in Column 4 is a weighted average price. The reported securities were sold in multiple transactions at prices ranging from $30.50 to $30.70. 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.
- F6Fully vested and exercisable.