IMPINJ INC — Director's Dealing 2023

Dec 19, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IMPINJ INC (PI)
CIK: 0001114995
Period of Report: 2023-12-15

Reporting Person: DOSSETT JEFFREY (Chief Revenue Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-12-15	Common Stock	M	1875	$0.00	Acquired	42073	Direct
2023-12-18	Common Stock	S	739	$88.8281	Disposed	41334	Direct
2023-12-18	Common Stock	M	3330	$22.40	Acquired	44664	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-12-15	Restricted Stock Units	$0.00	M	1875	Disposed		Common Stock (1875)	Direct
2023-12-18	Stock Option (right to buy)	$22.40	M	3330	Disposed	2028-06-15	Common Stock (3330)	Direct

Footnotes

F1: 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 restricted stock units ("RSUs").

F2: 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 $88.4475 to $89.39, 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.

F3: Each RSU represents a contingent right to receive one share of Impinj common stock.

F4: On June 15, 2020, the reporting person was granted 30,000 RSUs. One-sixteenth of these RSUs vested on December 15, 2023.

F5: One-fourth of the shares subject to the option vested on June 11, 2019, and 1/48th of the shares subject to the option shall vest each month thereafter.