Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PSTG | Class A Common Stock | Award | $0 | +603K | +51.37% | $0.00 | 1.78M | Mar 15, 2022 | Direct | F1 |
Id | Content |
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F1 | The shares of Class A Common Stock are to be acquired upon the vesting of a Performance-Based Restricted Stock Unit ("PRSU") award. The Issuer's Compensation Committee (the "Committee") authorized the issuance of the underlying shares based upon the achievement of certain performance goals for the fiscal year ending February 6, 2022, with vesting subject to the determination of performance achievement by the Committee, which occurred on March 15, 2022. As a result, 1/3 of the PRSU will vest on March 20, 2022, with the remaining vesting quarterly in equal installments over the next two years, subject to Reporting Person's Continuous Service (as defined in the Issuer's 2015 Equity Incentive Plan) through such dates. |