SEC Form 4 · accession 0000950103-18-012381

Penguin Solutions, Inc. · PENG

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Executive VP, CFO, COO

Period of report

Oct 22, 2018

Accepted (ET)

Oct 24, 2018 · 2:06 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
Ordinary Shares^F1	Oct 22, 2018	M	7,500	$11.55	A	99,394	D
Ordinary Shares^F2	Oct 22, 2018	S	6,704	$29.07	D	92,690	D
Ordinary Shares^F3	Oct 22, 2018	S	796	$29.53	D	91,894	D

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	Oct 22, 2018	M	7,500	D	—	May 23, 2026	Ordinary Shares	7,500	753	D

F1The transactions reported herein were effected pursuant to a previously established Rule 10b5-1 Plan adopted by the reporting person on 10/25/17 as modified on 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 $28.40 to $29.39. 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 $29.41 to $29.88. 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 original option vested 50% in May 2017 with the remainder vesting quarterly through May 2018.