PNY is better known for graphics cards than memory, and Performance is its plain entry in the DDR4 market — a basic aluminum-finish UDIMM aimed at anyone building or upgrading a desktop on a budget, not at a specific enthusiast tier.
Every kit in this family is rated the same 3200 MT/s CL22, so the only real variable is how that capacity is split — 1×16GB here, a single stick or a four-stick set elsewhere in the line. A lone module runs single-channel; two identical ones let the board run dual-channel instead, which is the practical reason to favor a matched pair over one larger stick at the same total.
This is DDR4 UDIMM for standard desktop motherboards, non-ECC, and will need XMP (or its equivalent) enabled in BIOS to actually reach 3200 MT/s rather than the JEDEC default it boots at.