Penumbra Inc — Director's Dealing 2015

Sep 23, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Penumbra Inc (PEN)
CIK: 0001321732
Period of Report: 2015-09-23

Reporting Person: Evans Robert D. (EVP, Gen. Counsel & Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-09-23	Common Stock	C	1000	—	Acquired	1000	Direct
2015-09-23	Common Stock	C	45937	—	Acquired	217233	Indirect
2015-09-23	Common Stock	C	47022	—	Acquired	264255	Indirect
2015-09-23	Common Stock	C	27041	—	Acquired	291296	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-08-12	Stock Option (right to buy)	$22.04	A	50000	Acquired	2025-08-11	Common Stock (50000)	Direct
2015-09-23	Series B Preferred Stock	$	C	1000	Disposed		Common Stock (1000)	Direct
2015-09-23	Series B Preferred Stock	$	C	45937	Disposed		Common Stock (45937)	Indirect
2015-09-23	Series C Preferred Stock	$	C	47022	Disposed		Common Stock (47022)	Indirect
2015-09-23	Series D Preferred Stock	$	C	27041	Disposed		Common Stock (27041)	Indirect

Footnotes

F1: The Series B, Series C and Series D Preferred Stock automatically converted into Common Stock on a 1:1 basis upon closing of the Issuer's initial public offering of Common Stock and had no expiration date.

F2: A portion of these shares is subject to vesting.

F3: Shares are held by The 2010 Robert D. Evans and Norma J. Evans Revocable Trust u/d/t dated November 11, 2010.

F4: The option was granted prior to the date on which the Reporting Person became subject to Section 16. The original option grant vests over four years, with 25% of the shares vesting on August 1, 2016 and 1/48 vesting each month thereafter and was previously reported on Form 3.