IMPINJ INC — Director's Dealing 2023

Jul 14, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IMPINJ INC (PI)
CIK: 0001114995
Period of Report: 2023-07-12

Reporting Person: Baker Cary (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-07-12	Common Stock	M	937	$0.00	Acquired	48126	Direct
2023-07-13	Common Stock	S	361	$89.8646	Disposed	47765	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-07-12	Restricted Stock Unit	$0.00	M	937	Disposed		Common Stock (937)	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 $89.64 to $89.875, 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 April 12, 2021, the reporting person was granted 15,000 RSUs, one fourth of which vested on April 12, 2022, with an additional one-sixteenth of such RSUs vesting every three months thereafter. One-sixteenth of these RSUs vested on July 12, 2023.