Filing Details

Accession Number:
0001209191-18-039305
Form Type:
4/A
Zero Holdings:
No
Publication Time:
2018-06-22 18:27:32
Reporting Period:
2018-06-07
Accepted Time:
2018-06-22 18:27:32
Original Submission Date:
2018-06-08
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1474432 Pure Storage Inc. PSTG Computer Storage Devices (3572) 271069557
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1589849 M Anita Sands C/O Pure Storage, Inc.
650 Castro St
Mountain View CA 94041
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 2018-06-07 102,000 $0.00 117,601 No 4 C Direct
Class A Common Stock Disposition 2018-06-07 102,000 $24.03 15,601 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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 2018-06-07 102,000 $0.00 102,000 $18.16
Class A Common Stock Class B Common Stock Acquisiton 2018-06-07 102,000 $0.00 102,000 $0.00
Class A Common Stock Class B Common Stock Disposition 2018-06-07 102,000 $0.00 102,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
198,000 2025-07-21 No 4 M Direct
102,000 No 4 M Direct
0 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. See remarks below.
  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 price. These shares were sold in multiple transactions at prices ranging from $24.00 to $24.14 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, 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.
  5. 5,000 shares vest in equal monthly installments one month from 7/22/2015 over three years. 3,333.33 shares vest in equal monthly installments one month from 7/22/2018 over the next three years. 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 of repurchase.