Penumbra Inc — Director's Dealing 2021

Dec 3, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Penumbra Inc (PEN)
CIK: 0001321732
Period of Report: 2021-12-01

Reporting Person: Roberts Johanna (EVP, Gen. Counsel & Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-12-01	Common Stock	M	1750	$22.04	Acquired	54574	Direct
2021-12-01	Common Stock	S	100	$244.32	Disposed	54474	Direct
2021-12-01	Common Stock	S	250	$245.30	Disposed	54224	Direct
2021-12-01	Common Stock	S	500	$246.35	Disposed	53724	Direct
2021-12-01	Common Stock	S	393	$247.70	Disposed	53331	Direct
2021-12-01	Common Stock	S	507	$248.35	Disposed	52824	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-12-01	Stock Option (right to buy)	$22.04	M	1750	Disposed	2025-08-11	Common Stock (1750.0)	Direct

Footnotes

F1: A portion of these shares is subject to vesting.

F2: The sales were effected pursuant to the Reporting Person's Rule 10b5-1 trading plan.

F3: This transaction was executed in multiple trades at prices ranging from $244.05 to $244.53. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer or a security holder of the Issuer, upon request, 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 $245.14 to $245.41. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer or a security holder of the Issuer, upon request, 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 $246.13 to $246.78. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer or a security holder of the Issuer, upon request, 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 $247.45 to $247.94. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer or a security holder of the Issuer, upon request, 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 $248.08 to $248.54. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected.

F8: All shares are vested and exercisable.