John Colgrove - 15 Mar 2022 Form 4 Insider Report for Pure Storage, Inc. (PSTG)

Role
Chief Visionary Officer, Director
Signature
/s/Todd Wheeler, attorney-in-fact
Issuer symbol
PSTG
Transactions as of
15 Mar 2022
Net transactions value
$0
Form type
4
Filing time
17 Mar 2022, 17:01:31 UTC
Previous filing
22 Dec 2021
Next filing
22 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSTG Class A Common Stock Award $0 +210,967 +2.7% $0.000000 8,008,522 15 Mar 2022 Direct F1
holding PSTG Class A Common Stock 701,959 15 Mar 2022 By Trust F2
holding PSTG Class A Common Stock 2,765,000 15 Mar 2022 By Trust F3
holding PSTG Class A Common Stock 2,765,000 15 Mar 2022 By Trust F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.
F2 Shares are held by Colgrove Family Living Trust.
F3 Shares are held by Eric Edward Colgrove Irrevocable Trust DTD Feb 8, 2011, Jeff Rothschild TTEE.
F4 Shares are held by Richard Winston Colgrove Irrevocable Trust DTD Feb 8, 2011, Jeff Rothschild TTEE.