Filing Details
- Accession Number:
- 0001225208-18-009786
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-05-23 17:34:43
- Reporting Period:
- 2018-05-21
- Accepted Time:
- 2018-05-23 17:34:43
- 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 |
|---|---|---|---|---|---|---|---|
| 1433644 | L Michael Speiser | 755 Page Mill Rd., Suite A-200 Palo Alto CA 94304-1005 | Yes | No | 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 | 2018-05-21 | 50,000 | $0.00 | 50,000 | No | 4 | C | Indirect | By Ltd Partnership (SHV As Nominee) |
| Class A Common Stock | Disposition | 2018-05-21 | 50,000 | $23.58 | 0 | No | 4 | S | Indirect | By Ltd Partnership (SHV As Nominee) |
| Class A Common Stock | Acquisiton | 2018-05-22 | 50,000 | $0.00 | 50,000 | No | 4 | C | Indirect | By Ltd Partnership (SHV As Nominee) |
| Class A Common Stock | Disposition | 2018-05-22 | 1,950 | $23.50 | 48,050 | No | 4 | S | Indirect | By Ltd Partnership (SHV As Nominee) |
| Class A Common Stock | Disposition | 2018-05-22 | 4,600 | $22.66 | 43,450 | No | 4 | S | Indirect | By Ltd Partnership (SHV As Nominee) |
| Class A Common Stock | Disposition | 2018-05-22 | 43,450 | $22.00 | 0 | No | 4 | S | Indirect | By Ltd Partnership (SHV As Nominee) |
| Class A Common Stock | Acquisiton | 2018-05-23 | 50,000 | $0.00 | 50,000 | No | 4 | C | Indirect | By Ltd Partnership (SHV As Nominee) |
| Class A Common Stock | Disposition | 2018-05-23 | 50,000 | $21.70 | 0 | No | 4 | S | Indirect | By Ltd Partnership (SHV As Nominee) |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | C | Indirect | By Ltd Partnership (SHV As Nominee) |
| No | 4 | S | Indirect | By Ltd Partnership (SHV As Nominee) |
| No | 4 | C | Indirect | By Ltd Partnership (SHV As Nominee) |
| No | 4 | S | Indirect | By Ltd Partnership (SHV As Nominee) |
| No | 4 | S | Indirect | By Ltd Partnership (SHV As Nominee) |
| No | 4 | S | Indirect | By Ltd Partnership (SHV As Nominee) |
| No | 4 | C | Indirect | By Ltd Partnership (SHV As Nominee) |
| No | 4 | S | Indirect | By Ltd Partnership (SHV As Nominee) |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Class B Common Stock | Disposition | 2018-05-21 | 50,000 | $0.00 | 50,000 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2018-05-22 | 50,000 | $0.00 | 50,000 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2018-05-23 | 50,000 | $0.00 | 50,000 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 2,722,254 | No | 4 | C | Indirect | ||
| 2,672,254 | No | 4 | C | Indirect | ||
| 2,622,254 | No | 4 | C | Indirect |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Class A Common Stock | 15,601 | Direct |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Class B Common Stock | $0.00 | 6,000 | 6,000 | Direct | ||
| Class A Common Stock | Class B Common Stock | $0.00 | 1,024,538 | 1,024,538 | Indirect | ||
| Class A Common Stock | Class B Common Stock | $0.00 | 232,226 | 232,226 | Indirect | ||
| Class A Common Stock | Class B Common Stock | $0.00 | 377,173 | 377,173 | Indirect | ||
| Class A Common Stock | Class B Common Stock | $0.00 | 43,800 | 43,800 | Indirect | ||
| Class A Common Stock | Class B Common Stock | $0.00 | 2,938,406 | 2,938,406 | Indirect |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 6,000 | 6,000 | Direct | |
| 1,024,538 | 1,024,538 | Indirect | |
| 232,226 | 232,226 | Indirect | |
| 377,173 | 377,173 | Indirect | |
| 43,800 | 43,800 | Indirect | |
| 2,938,406 | 2,938,406 | Indirect |
Footnotes
- 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.
- Shares held by Sutter Hill Ventures, a California Limited Partnership ("SHV") as a nominee on behalf of, and for the exclusive benefit of, a trust (of which the reporting person is a trustee), which is a member of the general partner of SHV. The reporting person disclaims beneficial ownership in these shares except as to the reporting person's pecuniary interest therein.
- These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 23, 2018.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $23.33 to $24.25, inclusive. The reporting person undertakes to provide to Pure Storage, Inc., and any security holder of Pure Storage, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $23.35 to $23.86, inclusive. The reporting person undertakes to provide to Pure Storage, Inc., and any security holder of Pure Storage, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $22.33 to $23.28, inclusive. The reporting person undertakes to provide to Pure Storage, Inc., and any security holder of Pure Storage, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $21.32 to $22.30, inclusive. The reporting person undertakes to provide to Pure Storage, Inc., and any security holder of Pure Storage, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $21.32 to $22.10, inclusive. The reporting person undertakes to provide to Pure Storage, Inc., and any security holder of Pure Storage, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- The reporting person shares pecuniary interest in these shares with other individuals pursuant to a contractual relationship. The reporting person disclaims beneficial ownership in these shares except as to the reporting person's pecuniary interest in these shares.
- Shares held by Sutter Hill Associates, LLC ("SHA"). SHV has voting and dispositive power over the shares held by SHA, and the reporting person is a trustee of a trust which is a member of SHA. The reporting person disclaims beneficial ownership in these shares except as to the reporting person's pecuniary interest therein.
- Shares held by Sutter Hill Management Company, L.L.C ("SHM"). SHV has voting and dispositive power over the shares held by SHM, and the reporting person is a trustee of a trust which is a member of SHM. The reporting person disclaims beneficial ownership in these shares except as to the reporting person's pecuniary interest therein.
- Shares held by a limited partnership of which the reporting person is a trustee of a trust which is the general partner. The reporting person disclaims beneficial ownership in these shares except as to the reporting person's pecuniary interest therein.
- Shares held by the SHV Profit Sharing Plan, a retirement trust, for the benefit of the reporting person.
- Shares held by a trust of which the reporting person is a trustee. The reporting person disclaims beneficial ownership in these shares except as to the reporting person's pecuniary interest therein.
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