Filing Details

Accession Number:
0001209191-18-004788
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-01-22 18:12:01
Reporting Period:
2018-01-18
Accepted Time:
2018-01-22 18:12:01
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1474432 Pure Storage Inc. PSTG () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1395529 David Hatfield 650 Castro Street, Suite 400
Mountain View CA 94041
President No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2018-01-18 70,000 $0.00 251,168 No 4 C Direct
Class A Common Stock Disposition 2018-01-18 70,000 $17.64 181,168 No 4 S Direct
Class A Common Stock Acquisiton 2018-01-19 24,183 $0.00 205,351 No 4 C Direct
Class A Common Stock Disposition 2018-01-19 24,183 $18.00 181,168 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 S Direct
No 4 C Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class B Common Stock Stock Option (right to buy) Disposition 2018-01-18 23,334 $0.00 23,334 $1.23
Class A Common Stock Class B Common Stock Acquisiton 2018-01-18 23,334 $0.00 23,334 $0.00
Class A Common Stock Class B Common Stock Disposition 2018-01-18 70,000 $0.00 70,000 $0.00
Class B Common Stock Stock Option (right to buy) Disposition 2018-01-19 8,061 $0.00 8,061 $1.23
Class A Common Stock Class B Common Stock Acquisiton 2018-01-19 8,061 $0.00 8,061 $0.00
Class A Common Stock Class B Common Stock Disposition 2018-01-19 24,183 $0.00 24,183 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
892,108 2023-02-05 No 4 M Direct
1,100,514 No 4 M Direct
1,030,514 No 4 C Direct
884,047 2023-02-05 No 4 M Direct
1,038,575 No 4 M Direct
1,014,392 No 4 C Direct
Footnotes
  1. Each share of Class A Common Stock was issued upon conversion of one share of Class B Common Stock at the election of the Reporting Person.
  2. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
  3. Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. The Class B Common Stock will convert automatically into Class A Common Stock on the same basis upon the earlier of (i) any transfer, whether or not for value, except for certain "Permitted Transfers" as defined in the Issuer's restated certificate of incorporation in effect as of the date hereof, (ii) the affirmative vote of the holders of Class B Common Stock representing not less than a majority of the outstanding shares of Class B Common Stock, or (iii) October 6, 2025.
  4. The reported price in Column 4 is a weighted average pice. These shares were purchased in multiple transactions at prices ranging from $17.29 to $17.86 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the Issuer, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in the footnote.
  5. 1/48 of the Option vests in equal monthly installments one month from 1/15/2013. The option shall be subject to accelerated vesting as set forth in optionee's employment agreement with the Issuer. The shares subject to this option are early exercisable, subject to the Issuer's right to repurchase.