SEC Form 4 · accession 0000950103-18-012182
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
Oct 15, 2018
Accepted (ET)
Oct 17, 2018 · 6:36 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 | Oct 15, 2018 | M | 8,800 | $11.55 | A | 106,466 | D | |
| Ordinary SharesF2 | Oct 15, 2018 | S | 8,800 | $31.79 | 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)F3 | $11.55 | Oct 15, 2018 | M | 8,800 | D | — | May 23, 2026 | Ordinary Shares | 8,800 | 66,522 | 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.
- F2The price reported in Column 4 is a weighted average price. The reported securities were sold in multiple transactions at prices ranging from $31.35 to $32.24. 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.
- F3Fully vested and exercisable.