Penumbra Inc — Director's Dealing 2016

May 23, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Penumbra Inc (PEN)
CIK: 0001321732
Period of Report: 2016-05-19

Reporting Person: Rothman Lynn (EVP and Chief Business Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-05-19	Common Stock	A	1666	$25.50	Acquired	220306	Direct

Footnotes

F1: The reporting person is reporting the purchase of shares from the issuer pursuant to the issuer's Employee Stock Purchase Plan ("ESPP"), for the ESPP purchase period of September 18, 2015 to May 19, 2016.

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