0001415889-24-005357.txt : 20240226 0001415889-24-005357.hdr.sgml : 20240226 20240226210910 ACCESSION NUMBER: 0001415889-24-005357 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240222 FILED AS OF DATE: 20240226 DATE AS OF CHANGE: 20240226 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Baker Cary CENTRAL INDEX KEY: 0001705407 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-37824 FILM NUMBER: 24681556 MAIL ADDRESS: STREET 1: 1501 FIRST AVENUE SOUTH, SUITE 600 CITY: SEATTLE STATE: WA ZIP: 98134 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: IMPINJ INC CENTRAL INDEX KEY: 0001114995 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPONENTS, NEC [3679] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 912041398 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 400 FAIRVIEW AVENUE NORTH STREET 2: SUITE 1200 CITY: SEATTLE STATE: WA ZIP: 98109 BUSINESS PHONE: 206-517-5300 MAIL ADDRESS: STREET 1: 400 FAIRVIEW AVENUE NORTH STREET 2: SUITE 1200 CITY: SEATTLE STATE: WA ZIP: 98109 4 1 form4-02272024_020200.xml X0508 4 2024-02-22 0001114995 IMPINJ INC PI 0001705407 Baker Cary 400 FAIRVIEW AVE N. SUITE 1200 SEATTLE WA 98109 false true false false CHIEF FINANCIAL OFFICER 0 Common Stock 2024-02-22 4 A 0 7500 0 A 62932 D Common Stock 2024-02-22 4 A 0 4875 0 A 67807 D Common Stock 2024-02-23 4 S 0 2435 100.4901 D 65372 D Common Stock 2024-02-23 4 S 0 2294 101.8342 D 63078 D Common Stock 2024-02-23 4 S 0 100 102.495 D 62978 D Common Stock 2024-02-24 4 M 0 3750 0 A 66728 D Common Stock 2024-02-26 4 S 0 1455 103.6754 D 65273 D Resricted Stock Uiits 0 2024-02-24 4 M 0 3750 0 D Common Stock 3750 0 D On April 12, 2021, the Reporting Person was granted performance restricted stock units (PSUs). The PSUs vested upon the Reporting Person's satisfaction of certain performance criteria. On February 21, 2024, the Issuer's Board of Directors determined the level at which the corporate performance goals were attained, resulting in the vesting of 7,500 shares of Common Stock underlying the PSUs. On March 23, 2022, the Reporting Person was granted performance restricted stock units (PSUs). The PSUs vested upon the Reporting Person's satisfaction of certain performance criteria. On February 21, 2024, the Issuer's Board of Directors determined the level at which the corporate performance goals were attained, resulting in the vesting of 4,875 shares of Common Stock underlying the PSUs. These shares were disposed of in non-discretionary transactions to cover the reporting person's tax withholding obligations in connection with the settlement of an award of restricted stock units ("RSUs"). The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $100.27 to $100.845, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein. The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $101.31 to $102.20, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein. The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $103.47 to $104.07, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein. Each RSU represents a contingent right to receive one share of Impinj common stock. On February 24, 2020, the reporting person was granted 60,000 RSUs, one sixteenth of which vested on February 24, 2024. /s/ Yukio Morikubo, Attorney in fact for Cary Baker 2024-02-26