IMPINJ INC — Director's Dealing 2024

Mar 27, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IMPINJ INC (PI)
CIK: 0001114995
Period of Report: 2024-03-23

Reporting Person: DIORIO CHRIS PH.D. (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-03-23	Common Stock	M	2594	—	Acquired	282407	Direct
2024-03-23	Common Stock	M	4895	—	Acquired	287302	Direct
2024-03-25	Common Stock	S	2356	$127.0171	Disposed	284946	Direct
2024-03-25	Common Stock	S	597	$127.8773	Disposed	284349	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-03-23	Restricted Stock Units	$0	M	2594	Disposed		Common Stock (2594)	Direct
2024-03-23	Restricted Stock Units	$0	M	4895	Disposed		Common Stock (4895)	Direct
2024-03-23	Restricted Stock Units	$0	A	29075	Acquired		Common Stock (29075)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	572494	Indirect

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 $126.7075 to $127.635, 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 $127.72 to $128.04, 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 RSU represents a contingent right to receive one share of Impinj common stock.

F5: On March 23, 2022, the reporting person was granted 41,500 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 March 23, 2024.

F6: On March 23, 2023, the reporting person was granted 19,580 RSUs, one fourth of which vested on March 23, 2024, with an additional one-sixteenth of such RSUs vesting every three months thereafter.

F7: One-fourth of the shares subject to the grant shall vest on March 23, 2025, and 1/16th of the shares subject to the grant shall vest each quarter thereafter, subject to the reporting person's continued service to the Issuer through such date.