SEC Form 4 · accession 0000950103-19-000915
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
Jan 22, 2019
Accepted (ET)
Jan 25, 2019 · 8:45 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001616533
Table I — non-derivative securities
No Table I lines on this filing.
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)F1 | $21.55 | Jan 22, 2019 | A | 50,000 | A | — | Jan 22, 2029 | Ordinary Shares | 50,000 | 50,000 | D |
Explanation of responses
- F1The option will vest and become exerciseable as to 25% on 1/22/2020, and the remaining shares will vest monthly and become exerciseable over four years.