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Filing Details

Accession Number:: 0001209191-23-013505
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-02-27 21:47:00
Reporting Period:: 2023-02-23

Accepted Time:: 2023-02-27 21:47:00
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1114995	Impinj Inc	PI	Electronic Components, Nec (3679)	912041398

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1705407	Cary Baker	400 Fairview Ave N. Suite 1200 Seattle WA 98109	Chief Financial Officer	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2023-02-23	7,500	$0.00	42,067	No	4	A	Direct
Common Stock	Acquisiton	2023-02-23	2,442	$0.00	44,509	No	4	A	Direct
Common Stock	Acquisiton	2023-02-24	3,750	$0.00	48,259	No	4	M	Direct
Common Stock	Disposition	2023-02-27	4,232	$127.61	44,027	No	4	S	Direct
Common Stock	Disposition	2023-02-27	970	$128.21	43,057	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	A	Direct
No	4	A	Direct
No	4	M	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted Stock Units	Disposition	2023-02-24	3,750	$0.00	3,750	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
15,000			No	4	M	Direct

Footnotes

On April 12, 2021, the Reporting Person was granted performance restricted stock units (PSUs). The PSUs vested upon the Reporting Person's satisfaction of certain performance criteria. On February 23, 2023, the Issuer's Board of Directors determined the level at which the corporate performance goals were attained, resulting in the vesting of 7,500 shares of Common Stock underlying the PSUs.
On March 23, 2022, the Reporting Person was granted PSUs. The PSUs vested upon the Reporting Person's satisfaction of certain performance criteria. On February 23, 2023, the Issuer's Board of Directors determined the level at which the corporate performance goals were attained, resulting in the vesting of 2,442 shares of Common Stock underlying the PSUs.
These shares were disposed of in non-discretionary transactions to cover the reporting person's tax withholding obligations in connection with the settlement of an award of PSUs or restricted stock units ("RSUs").
The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $127.025 to $127.97, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $128.03 to $128.80, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
Each restricted stock unit represents a contingent right to receive one share of Impinj common stock.
On February 24, 2020, the reporting person was granted 60,000 restricted stock units ("RSUs"), one sixteenth of which vested on February 24, 2023.