Penumbra Inc — Director's Dealing 2019

Apr 3, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Penumbra Inc (PEN)
CIK: 0001321732
Period of Report: 2019-04-01

Reporting Person: Kosaraju Sridhar (CFO and Head of Strategy)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-04-01	Common Stock	S	1000	$141.84	Disposed	119750	Indirect
2019-04-01	Common Stock	S	2183	$142.91	Disposed	117567	Indirect
2019-04-01	Common Stock	S	800	$144.03	Disposed	116767	Indirect
2019-04-01	Common Stock	S	617	$144.67	Disposed	116150	Indirect
2019-04-01	Common Stock	S	200	$146.80	Disposed	115950	Indirect
2019-04-01	Common Stock	S	100	$147.50	Disposed	115850	Indirect
2019-04-01	Common Stock	S	100	$148.43	Disposed	115750	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	151216	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 $141.28 to $142.16. 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 Kosaraju Family Trust.

F4: This transaction was executed in multiple trades at prices ranging from $142.44 to $143.24. 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 $143.80 to $144.26. 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 $144.42 to $145.01. 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: This transaction was executed in multiple trades at prices ranging from $146.37 to $147.23. 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.

F8: The Reporting Person holds shares both directly and indirectly through his revocable family trust as indicated on this Form. Any changes between direct holdings and indirect holdings through such trust are in transactions exempt from Section 16 pursuant to Rule 16a-13 under the Securities Exchange Act of 1934 as mere changes in form of beneficial ownership.

F9: A portion of these shares is subject to vesting.