Anita M. Sands - Sep 10, 2021 Form 4 Insider Report for Pure Storage, Inc. (PSTG)

Role
Director
Signature
/s/ Todd Wheeler, attorney-in-fact
Stock symbol
PSTG
Transactions as of
Sep 10, 2021
Transactions value $
-$897,238
Form type
4
Date filed
9/14/2021, 05:12 PM
Previous filing
Aug 2, 2021
Next filing
Nov 9, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSTG Class A Common Stock Options Exercise $1.09M +60K +146.43% $18.16 101K Sep 10, 2021 Direct
transaction PSTG Class A Common Stock Sale -$1.61M -60K -59.42% $26.80 41K Sep 10, 2021 Direct F1
transaction PSTG Class A Common Stock Sale -$379K -14.2K -34.55% $26.78 26.8K Sep 10, 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PSTG Stock Option (right to buy) Options Exercise $0 -60K -30.3% $0.00 138K Sep 10, 2021 Class A Common Stock 60K $18.16 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.79 to $26.805 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.
F2 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.