SEC Form 4 · accession 0000950103-18-014945

Penguin Solutions, Inc. · PENG

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

Reporting owner

Officer — VP, Chief Legal Officer

Period of report

Dec 20, 2018

Accepted (ET)

Dec 26, 2018 · 10:58 am EST

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	Dec 20, 2018	M	3,042	$11.55	A	13,933	D
Ordinary Shares^F2	Dec 20, 2018	S	2,040	$29.81	D	11,893	D
Ordinary Shares^F3	Dec 20, 2018	S	1,002	$31.00	D	10,891	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	Dec 20, 2018	M	3,042	D	—	May 23, 2026	Ordinary Shares	3,042	0	D

F1The sales were effective pursuant to a Rule 10b5-1 Plan adopted by the reporting person on 10/25/2017and 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 $29.30 to $30.20. 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 $30.63 to $31.47. 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 original option vested and became exercisable 50% in May 2017 with the remainder vesting quarterly through May 2018.