Pacheco Jack A 4
4 · Penguin Solutions, Inc. · Filed Feb 21, 2025
Insider Transaction Report
Form 4
Pacheco Jack A
EVP, COO, Pres, Integrated Mem
Transactions
- Exercise/Conversion
Ordinary Shares
2025-02-20$9.20/sh+6,667$61,303→ 238,215 total - Sale
Ordinary Shares
2025-02-20$22.14/sh−6,667$147,594→ 231,548 total - Exercise/Conversion
Employee Stock Option (right to buy)
2025-02-20−6,667→ 6,666 totalExercise: $9.20Exp: 2030-03-12→ Ordinary Shares (6,667 underlying)
Footnotes (3)
- [F1]This transaction was effected pursuant to a previously established Rule 10b5-1 Plan adopted by the reporting person on April 26, 2024.
- [F2]This transaction was executed in multiple trades at prices ranging from $21.88 to $22.45. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
- [F3]The option vested and became exercisable as to 25% on March 12, 2021, and the remaining shares vested monthly and became exercisable over three years beginning March 12, 2021.