0001628280-24-043326.txt : 20241022 0001628280-24-043326.hdr.sgml : 20241022 20241022191823 ACCESSION NUMBER: 0001628280-24-043326 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20241019 FILED AS OF DATE: 20241022 DATE AS OF CHANGE: 20241022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Adams Mark CENTRAL INDEX KEY: 0001349123 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38102 FILM NUMBER: 241387526 MAIL ADDRESS: STREET 1: 834 TERRACE DRIVE CITY: LOS ALTOS STATE: CA ZIP: 94024 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Penguin Solutions, Inc. CENTRAL INDEX KEY: 0001616533 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 981013909 STATE OF INCORPORATION: E9 FISCAL YEAR END: 0830 BUSINESS ADDRESS: STREET 1: 39870 EUREKA DRIVE CITY: NEWARK STATE: CA ZIP: 94560-4809 BUSINESS PHONE: (510) 623-1231 MAIL ADDRESS: STREET 1: 39870 EUREKA DRIVE CITY: NEWARK STATE: CA ZIP: 94560-4809 FORMER COMPANY: FORMER CONFORMED NAME: SMART Global Holdings, Inc. DATE OF NAME CHANGE: 20140813 4 1 wk-form4_1729639095.xml FORM 4 X0508 4 2024-10-19 0 0001616533 Penguin Solutions, Inc. PENG 0001349123 Adams Mark C/O PENGUIN SOLUTIONS, INC. 39870 EUREKA DRIVE NEWARK CA 94560 1 1 0 0 President and CEO 0 Ordinary Shares 2024-10-19 4 A 0 93116 0 A 1084962 D Ordinary Shares 2024-10-19 4 F 0 47192 15.69 D 1037770 D Ordinary Shares 2024-10-20 4 F 0 14255 15.69 D 1023515 D Ordinary Shares 2024-10-20 4 F 0 6996 15.69 D 1016519 D Ordinary Shares 2024-10-20 4 F 0 31675 15.69 D 984844 D Ordinary Shares 2024-10-20 4 D 0 125000 0 D 859844 D Ordinary Shares 29640 I The Adams Family Trust On October 1, 2021, the reporting person was granted performance-based restricted share units ("PSUs"), the vesting of which is (i) tied to the achievement of total shareholder return goals relative to the performance of the median company in the Russell 2000 Index following the end of a given three-year performance period, and (ii) subject to the reporting person's continued employment through the date of certification of performance by the Compensation Committee of the Issuer's Board of Directors (the "Committee"). On October 19, 2024, the Committee certified the performance goal achievement and determined that 93,116 PSUs were earned by the reporting person and vested as of such date. Reflects shares surrendered to the Issuer to satisfy tax withholding obligations in connection with vesting of PSUs. No shares were sold. Reflects shares surrendered to the Issuer to satisfy tax withholding obligations in connection with vesting of restricted shares. No shares were sold. Reflects shares surrendered to the Issuer to satisfy tax withholding obligations in connection with vesting of restricted share units. No shares were sold. Reflects shares surrendered to the Issuer to satisfy tax withholding obligations in connection with vesting of performance shares. No shares were sold. Reflects shares forfeited pursuant to the terms of a previously disclosed performance-based restricted share award due to non-attainment of the applicable performance conditions. No shares were sold. /s/ Anne Kuykendall as attorney-in-fact for Mark Adams 2024-10-22