Impinj Inc.

10/30/2024 | Press release | Distributed by Public on 10/30/2024 16:41

Statement of Changes in Beneficial Ownership - Form 4

Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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OMB Number:3235-0287Estimated average burden hours per response...0.5
(Print or Type Responses)
1. Name and Address of Reporting Person *
MECKLAI HUSSEIN
2. Issuer Name and Ticker or Trading Symbol
IMPINJ INC [PI] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
CHIEF OPERATING OFFICER
(Last) (First) (Middle)
400 FAIRVIEW AVENUE NORTH, SUITE 1200 		3. Date of Earliest Transaction (Month/Day/Year)
10/28/2024
(Street)
SEATTLE, WA 98109 		4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4) 		7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 10/28/2024 M 7,040 A $17.75 67,081 D
Common Stock 10/28/2024 M 459 A $36.2 67,540 D
Common Stock 10/28/2024 M 1,688 A $26.84 69,228 D
Common Stock 10/28/2024 M 813 A $26.62 70,041 D
Common Stock 10/28/2024 S 6,775 D $204.4595(1) 63,266 D
Common Stock 10/28/2024 S 3,225 D $205.3685(2) 60,041 D
Common Stock 10/30/2024 G(3) 476 D $ 0 59,565 D
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5) 		6. Date Exercisable and Expiration Date
(Month/Day/Year) 		7. Title and Amount of Underlying Securities
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4) 		10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4) 		11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) $17.75 10/28/2024 M 7,040 (4) 12/10/2028 Common Stock 7,040 $ 0 12,344 D
Stock Option (right to buy) $36.2 10/28/2024 M 459 (5) 07/31/2029 Common Stock 459 $ 0 0 D
Stock Option (right to buy) $26.84 10/28/2024 M 1,688 (6) 06/15/2030 Common Stock 1,688 $ 0 0 D
Stock Option (right to buy) $26.62 10/28/2024 M 813 (6) 06/29/2030 Common Stock 813 $ 0 0 D

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
MECKLAI HUSSEIN
400 FAIRVIEW AVENUE NORTH
SUITE 1200
SEATTLE, WA 98109 		CHIEF OPERATING OFFICER

Signatures

/s/ Yukio Morikubo, attorney in fact on behalf of Hussein Mecklai 10/30/2024
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) 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 $204.28 to $205.14, 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.
(2) 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 $205.315 to $205.895, 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.
(3) The reporting person donated these shares to a donor-advised fund which will use the gifted shares for charitable purposes.
(4) Twenty-five percent (25%) of the shares subject to the option vested on December 5, 2019, then one-forty-eighth (1/48) of the shares subject to the option vest every month thereafter (on the same day of the month), subject to the reporting person continuing to be a Service Provider, as defined in the Issuer's 2016 Equity Incentive Plan (the "2016 Plan").
(5) Twenty-five percent (25%) of the shares subject to the option vested July 31, 2020, then one-forty-eighth (1/48) of the shares subject to the option vest every month thereafter (on the same day of the month), subject to the reporting person continuing to be a Service Provider, as defined in the Issuer's 2016 Plan.
(6) Twenty-five percent (25%) of the shares subject to the option vested on June 15, 2021, then one-forty-eighth (1/48) of the shares subject to the option vest every month thereafter (on the same day of the month), subject to the reporting person continuing to be a Service Provider, as defined in the 2016 Plan.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.