SEC Form 4 · accession 0000950103-18-012184
Penguin Solutions, Inc. · PENG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mukesh Patel
Director
Period of report
Oct 15, 2018
Accepted (ET)
Oct 17, 2018 · 6:48 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,F4 | Oct 15, 2018 | S | 24,941 | $31.86 | D | 0 | I | See Footnote |
| Ordinary SharesF1,F3,F5 | Oct 15, 2018 | S | 14,398 | $31.85 | D | 0 | I | See Footnote |
| Ordinary SharesF6 | holding | — | — | — | 10,749 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reported securities were sold pursuant to a Rule 10b5-1 Plan adopted by the reporting person on January 25, 2018.
- F2The price reported in Column 4 is a weighted average price. The reported securities were sold in multiple transactions at prices ranging from $31.45 to $32.40, inclusive. 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 the ranges set forth in footnotes (2) through (3) to this Form 4.
- 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 $32.30, inclusive. 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 the ranges set forth in footnotes (2) through (3) to this Form 4.
- F4Patel Family Partners L.P. - Fund No. 2
- F5The Patel Revocable Trust (U/A/D 6/6/2002)
- F6These shares, which were last reported in the reporting person's Form 4 filed January 30, 2018, were unintentionally omitted from the reporting person's submissions on Form 4 that were filed on February 20, 2018 and June 19, 2018.