IMPINJ INC — Director's Dealing 2023

Jun 27, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IMPINJ INC (PI)
CIK: 0001114995
Period of Report: 2023-06-23

Reporting Person: Baker Cary (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-06-23	Common Stock	M	781	$0.00	Acquired	47501	Direct
2023-06-26	Common Stock	S	182	$85.4299	Disposed	47319	Direct
2023-06-26	Common Stock	S	130	$86.2746	Disposed	47189	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-06-23	Restricted Stock Unit	$0.00	M	781	Disposed		Common Stock (781)	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.

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 $84.93 to $85.85, 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.

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 $85.95 to $86.62, 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: Each restricted stock unit represents a contingent right to receive one share of Impinj common stock.

F5: On March 23, 2022 the reporting person was granted 12,500 restricted stock units ("RSUs"), one fourth of which vested on March 23, 2023, with an additional one-sixteenth of such RSUs vesting every three months thereafter. One-sixteenth of these RSUs vested on June 23, 2023.