Penumbra Inc — Director's Dealing 2017

Nov 27, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Penumbra Inc (PEN)
CIK: 0001321732
Period of Report: 2017-11-22

Reporting Person: Elsesser Adam (Director, Chairman, CEO and President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-11-22	Common Stock	S	2301	$105.38	Disposed	1133672	Direct
2017-11-22	Common Stock	S	2600	$106.44	Disposed	1131072	Direct
2017-11-22	Common Stock	S	150	$107.25	Disposed	1130922	Direct
2017-11-24	Common Stock	S	2000	$103.59	Disposed	1128922	Direct
2017-11-24	Common Stock	S	2484	$104.49	Disposed	1126438	Direct
2017-11-24	Common Stock	S	600	$105.25	Disposed	1125838	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	14144	Indirect

Footnotes

F1: The sales were effected pursuant to the Reporting Person's Rule 10b5-1 trading plan.

F2: This transaction was executed in multiple trades at prices ranging from $105.05 to $105.80. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F3: This transaction was executed in multiple trades at prices ranging from $106.05 to $106.95. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F4: This transaction was executed in multiple trades at prices ranging from $107.10 to $107.55. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F5: This transaction was executed in multiple trades at prices ranging from $102.95 to $103.90. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F6: This transaction was executed in multiple trades at prices ranging from $103.95 to $104.90. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F7: Shares are held by the Siegel/Elsesser Revocable Trust.