Penumbra Inc — Director's Dealing 2017

Feb 1, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Penumbra Inc (PEN)
CIK: 0001321732
Period of Report: 2017-01-30

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-01-30	Common Stock	S	1500	$70.73	Disposed	188807	Direct
2017-01-30	Common Stock	S	200	$71.20	Disposed	188607	Direct
2017-01-31	Common Stock	S	1800	$71.27	Disposed	186807	Direct
2017-02-01	Common Stock	S	814	$70.73	Disposed	185993	Direct
2017-02-01	Common Stock	S	100	$71.60	Disposed	185893	Direct

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 $70.10 to $71.05. 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: A portion of these shares is subject to vesting.

F4: This transaction was executed in multiple trades at prices ranging from $70.60 to $71.50. 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 $70.50 to $71.35. 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.