UNITED STATES SECURITIES AND EXCHANGE COMMISSION ----------------------
FORM 4 Washington, D.C. 20549 | OMB APPROVAL |
|---------------------|
| OMB Number: |
{} Check this box if STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES | 3235-0287 |
no longer subject to | Expires: |
Section 16. Form 4 or | November 30, 2011 |
Form 5 obligations may | Estimated average |
continue. See Instruction | burden hours per |
1(b). | response 0.5 |
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section -----------------------
17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the
(Print or Type Responses) Investment Company Act of 1940
---------------------------------------------------------------------------------------------------------------------------------
|1. Name and Address of | 2. Issuer Name and Ticker or Trading Symbol | 5. Relationship of Reporting Person(s) |
| Reporting Person* | | to Issuer (Check all applicable) |
|Baker Cary |IMPINJ INC PI | _____ Director _____ 10% Owner |
| | | _____ Officer _____ Other |
|--------------------------|---------------------------------------------------|
|(Last) (First) (Middle)|3. Date of Earliest Transaction (Month/Day/Year) | (give title below) (specify below)|
| | 07-12-2024 |CHIEF FINANCIAL OFFICER |
|400 FAIRVIEW AVE N. SUITE |---------------------------------------------------| |
|1200, | | |
| (Street) |4.If Amendment, Date Original Filed(Month/Day/Year)|-------------------------------------------------|
| | | 6. Individual or Joint/Group Filing |
|SEATTLE - WA - 98109 | | (Check Applicable Line) |
| (City) (State) (Zip) | | _X_ Form filed by One Reporting Person |
| | | ___ Form filed by More than One |
| | | Reporting Person |
---------------------------------------------------------------------------------------------------------------------------------
Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
------------------------------------------------------------------------------------------------------------------------
| 1. | 2. | 2a. | 3. | 4. | 5. | 6. | 7. |
| Title of | Trans- | Deemed | Transaction | Securities Acquired | Amount of Sec | Ownership | Nature of |
| Security | action | Execut. | Code | (A) or Disposed of (D) | Beneficially | Form: | Indirect |
| (Instr. 3) | Date | Date | (Instr. 8) | (Instr. 3, 4 and 5) |Owned Following| Direct | Beneficial |
| |----------|----------|---------|----|----------|-----|--------| Transaction(s)| (D) or | Ownership |
| | (Month/ | (Month/ | | | | (A) | | | Indirect | (Instr. 4) |
| | Day/ | Day/ | | | | or | | (Instr. 3 and | (I) | |
| | Year) | Year) | Code | V | Amount | (D) | Price | 4) | Instr. 4) | |
---------------------------------------------------------------------------------|-----------------------------------------------
|Common Stock |07-12-2024| |M | |937 |A |$0 |70,116 |D | |
|--------------------------------------------------------------------------------|-----------------------------------------------|
|Common Stock |07-15-2024| |S | |192 |D |$174.885|69,924 |D | |
| | | | | | | | 9 | | | |
| | | |#1 | | | |#2 | | | |
|--------------------------------------------------------------------------------|-----------------------------------------------|
|Common Stock |07-15-2024| |S | |122 |D |$175.828|69,802 |D | |
| | | | | | | | 1 | | | |
| | | |#1 | | | |#3 | | | |
|--------------------------------------------------------------------------------|-----------------------------------------------|
|Common Stock |07-15-2024| |S | |42 |D |$176.649|69,760 |D | |
| | | | | | | | 5 | | | |
| | | |#1 | | | |#4 | | | |
|--------------------------------------------------------------------------------|-----------------------------------------------|
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
----------------------------------------------------------------------------------------------------------------------------------
|1. |2. | 3. | 3a. |4. | 5. | 6. | 7. |8. |9. |10. |11. |
|Title of|Conver- | Trans- | Deemed |Trans- | Number of | Date | Title and |Price |Number |Owner- |Nature of|
|Deriv- |sion or | action | Execu. |action | Deriv- | Exercisable | Amount of |of |of |ship |Indirect |
|ative |Exercise| Date | Date |Code | ative | and Expira- | Underlying |Deriv- |Deriv- |Form |Benefici.|
|Security|Price of| (Month/ | (Month/ |(Instr.| Securities | tion Date | Securities |ative |ative |of |Ownership|
|(Instr. |Deriv- | Day/ | Day/ |8) | Acquired | (Month/Day/ | (Instr. 3 |Secur- |Secur- |Deriv- |(Instr. 4|
| 3) |ative | Year) | Year) | | (A) or | Year) | and 4) |ity |ities |ative | |
| |Security| | | | Disposed of |----------------|--------------|(Instr.|Bene- |Secur- | |
| | | | |-------| (D) (Instr. | | | | | 5) |ficially|ity | |
| | | | | | | 3, 4 and 5) | | | |Amount | |Owned |Direct | |
| | | | | | |--------------| | | |or | |folowing|(D) or | |
| | | | | | | | |Date |Expira- | |Number | |reported|Indirect| |
| | | | | | | | |Exer- |tion | |of | |tran.(s)|(I) | |
| | | | |Code| V| (A) | (D) |cisable|Date |Title |Shares | |(Inst.4)|Instr. 4| |
----------------------------------------------------------------------------------------------------------------------------------
|Restrict|$0 |07-12-202| |M | | |937 | | |Common|937 |$0 |2,813 |D | |
|ed Stock| |4 | | | | | | | | Stock| | | | | |
| Units | | | | | | | | | | | | | | | |
| |#5 | | | | | | |#6 |#6 | | | | | | |
|--------------------------------------------------------------------------------------------------------------------------------|
+----------------------------------------------------------------------------------+
| | Relationships |
| Reporting Owner Name / Address +----------+----------+----------+-------- -+
| | Director |10% Owner | Officer | Other |
+--------------------------------------+----------+----------+----------+----------+
|Baker Cary | . | . |CHIEF FINA| |
| | | |NCIAL OFFI| |
| | | |CER | |
|400 FAIRVIEW AVE N. SUITE 1200 | | | | |
|SEATTLE WA 98109 | | | | |
|--------------------------------------+----------+----------+----------+----------|
Explanation of Responses:
1 These shares were disposed of in non-discretionary transactions to cover the report
ing person's tax withholding obligations in connection with the settlement of an awar
d of restricted stock units ("RSUs").
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 mult
iple transactions at prices ranging from $174.555 to $175.41, inclusive. The reportin
g person undertakes to provide to the issuer, any security holder of the issuer, or t
he SEC staff, upon request, full information regarding the number of shares sold at e
ach separate price within the ranges set forth herein.
3 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 mult
iple transactions at prices ranging from $175.575 to $176.31, inclusive. The reportin
g person undertakes to provide to the issuer, any security holder of the issuer, or t
he SEC staff, upon request, full information regarding the number of shares sold at e
ach separate price within the ranges set forth herein.
4 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 mult
iple transactions at prices ranging from $176.64 to $176.68, inclusive. The reporting
person undertakes to provide to the issuer, any security holder of the issuer, or th
e SEC staff, upon request, full information regarding the number of shares sold at ea
ch separate price within the ranges set forth herein.
5 Each RSU represents a contingent right to receive one share of Impinj common stock.
6 On April 12, 2021, the reporting person was granted 15,000 RSUs, one fourth of whic
h vested on April 12, 2022, with an additional one-sixteenth of such RSUs vesting eve
ry three months thereafter. One-sixteenth of these RSUs vested on July 12, 2024.
Remarks:
Signatures
/s/ Yukio Morikubo, Attorney in fact for Cary Baker / 07-16-2024
------------------------------------------------------------- -----------
** Signature of Reporting Person Date
* If the form is filed by more than one reporting person, seeInstruction 5(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).
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.