Penumbra Inc — Director's Dealing 2019

May 15, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Penumbra Inc (PEN)
CIK: 0001321732
Period of Report: 2019-05-13

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-05-13	Common Stock	S	1800	$124.05	Disposed	1112182	Indirect
2019-05-13	Common Stock	S	3110	$125	Disposed	1109072	Indirect
2019-05-13	Common Stock	S	2350	$125.84	Disposed	1106722	Indirect
2019-05-13	Common Stock	S	400	$126.73	Disposed	1106322	Indirect
2019-05-13	Common Stock	S	27	$127.94	Disposed	1106295	Indirect
2019-05-13	Common Stock	S	13	$128.83	Disposed	1106282	Indirect
2019-05-13	Common Stock	S	300	$129.38	Disposed	1105982	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 $123.36 to $124.32. 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: Shares are held by the Siegel/Elsesser Revocable Trust.

F4: This transaction was executed in multiple trades at prices ranging from $124.50 to $125.34. 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 $125.42 to $126.28. 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 $126.65 to $126.85. 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.