IMPINJ INC — Director's Dealing 2021

Mar 3, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IMPINJ INC (PI)
CIK: 0001114995
Period of Report: 2021-02-26

Reporting Person: Baker Cary (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-26	Common Stock	A	15696	$0.00	Acquired	27181	Direct
2021-03-01	Common Stock	S	2392	$64.3431	Disposed	24789	Direct
2021-03-01	Common Stock	S	2748	$65.2793	Disposed	22041	Direct
2021-03-01	Common Stock	S	833	$66.2154	Disposed	21208	Direct
2021-03-01	Common Stock	S	100	$67.06	Disposed	21108	Direct

Footnotes

F1: On June 15, 2020, 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 26, 2021, the Issuer's Board of Directors determined the level at which the corporate performance goals were attained, resulting in the vesting of 15,696 shares of Common Stock underlying the PSUs.

F2: 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.

F3: 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 $63.91 to $64.85, 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.

F4: 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 $64.945 to $65.89, 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.

F5: 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 $65.96 to $66,54, 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.
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