Impinj, Inc. (NASDAQ:PI) Files An 8-K Results of Operations and Financial Condition

Item 2.02

On February 16, 2017, Impinj Inc. (Impinj) issued a press release
announcing its financial results for the quarter ended and year
ended December 31, 2016. A copy of the press release, entitled
“Impinj Announces Fourth Quarter and Full Year 2016 Financial
Results” is attached as Exhibit 99.1 to this current report on
Form 8-K and is incorporated by reference herein.

The information in Item 2.02 of this current report on Form 8-K
and the exhibit attached hereto shall not be deemed “filed” for
purposes of Section 18 of the Securities Exchange Act of 1934, as
amended (the “Exchange Act”) or otherwise subject to the
liabilities of that section, nor shall it be deemed incorporated
by reference in any filing under the Securities Act of 1933, as
amended, or the Exchange Act, regardless of any general
incorporation language in such filing.

(b) On February 10, 2017, Impinj, Inc. (the Company) and Walter
Palhetas mutually determined that Mr. Palhetas will step down as
the Companys Senior Vice President of Global Sales, effective
immediately.Mr. Palhetas and the Company entered into a
Separation and Mutual Release Agreement under which Mr. Palhetas
agreed to remain an employee of the Company through March 3, 2017
and he will assist the Company with transition activities as a
consultant through April 15, 2017.As a termination other than for
Cause (as defined in Mr. Palhetass employment agreement), Mr.
Palhetas is eligible to receive the severance benefits set forth
in his employment agreement. The disclosure in Item 5.02 of this
Current Report on Form 8-K is qualified in its entirety by
reference to Mr. Palhetass employment agreement, a copy of which
we filed with the Securities and Exchange Commission as Exhibit
10.18 to Form S-1 on June 2, 2016, and the description thereof in
the section of the Companys final prospectus we filed with the
SEC on December 2, 2016 captioned Executive CompensationExecutive
Employment AgreementWalter Palhetas.

(d) Exhibits

About Impinj, Inc. (NASDAQ:PI)

Impinj, Inc. is a provider of RAIN radio frequency identification (RFID) solutions. The Company sells a platform that includes endpoint integrated circuits (ICs), reader ICs, readers and gateways that enable wireless connectivity to everyday items, and software that delivers Item Intelligence from endpoint reads. The Impinj Platform connects billions of everyday items, such as apparel, medical supplies, automobile parts, drivers’ licenses, food and luggage to applications, such as inventory management, patient safety, asset tracking and item authentication, delivering real-time information to businesses about items they create, manage, transport and sell. The Impinj Platform wirelessly delivers information about these items’ identity, location and authenticity, or Item Intelligence, to the digital world.

Impinj, Inc. (NASDAQ:PI) Recent Trading Information

Impinj, Inc. (NASDAQ:PI) closed its last trading session down -1.13 at 35.36 with 2,366,132 shares trading hands.