Scott Dietzen - Jun 14, 2023 Form 4 Insider Report for Pure Storage, Inc. (PSTG)

Role
Director
Signature
/s/ Todd Wheeler, attorney-in-fact
Stock symbol
PSTG
Transactions as of
Jun 14, 2023
Transactions value $
$0
Form type
4
Date filed
6/16/2023, 09:40 PM
Previous filing
Feb 10, 2023
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSTG Class A Common Stock Award $0 +8.54K +8.82% $0.00 105K Jun 14, 2023 Direct F1, F2
holding PSTG Class A Common Stock 1.72M Jun 14, 2023 By Trust F3
holding PSTG Class A Common Stock 174K Jun 14, 2023 By Trust F4
holding PSTG Class A Common Stock 174K Jun 14, 2023 By Trust F5
* 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 Restricted Stock Unit award granted to the Reporting Person. 100% of the shares subject to the Restricted Stock Unit award will vest on June 14, 2024, subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2015 Equity Incentive Plan) on the vesting date, and provided that if the Reporting Person voluntarily resigns as a Director, then the shares subject to the Restricted Stock Unit award will vest as of the effective date of the resignation as to 1/365 of the shares subject to the award multiplied by the number of days of the Reporting Person's service between the date of grant and the effective date of the resignation.
F2 The Restricted Stock Unit award shall be subject to accelerated vesting as follows: In the event of a Change in Control or a Corporate Transaction (each, as defined in the Issuer's 2015 Equity Incentive Plan), the shares subject to the Restricted Stock Unit award will fully vest as of immediately prior to the effective time of such Change in Control or Corporate Transaction, subject to the Reporting Person's Continuous Service on the effective date of such Change in Control or Corporate Transaction.
F3 Shares are held by Scott Dietzen and Katherine Dietzen, Co-Trustees of the Dietzen Living Trust, dated January 16, 2009.
F4 Shares are held by JP Morgan Trust Company of Delaware, TTEE Willa Sloane Dietzen GST Exempt Trust under agreement dated March 25, 2014
F5 Shares are held by JP Morgan Trust Company of Delaware, TTEE Davis Louis Dietzen GST Exempt Trust under agreement dated March 25, 2014