John Colgrove - Jan 9, 2024 Form 4 Insider Report for Pure Storage, Inc. (PSTG)

Signature
/s/ Todd Wheeler, attorney-in-fact
Stock symbol
PSTG
Transactions as of
Jan 9, 2024
Transactions value $
-$7,016,350
Form type
4
Date filed
1/11/2024, 05:01 PM
Previous filing
Dec 22, 2023
Next filing
Mar 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSTG Class A Common Stock Options Exercise $1.49M +499K +6.25% $2.98* 8.49M Jan 9, 2024 Direct
transaction PSTG Class A Common Stock Tax liability -$8.5M -228K -2.69% $37.28 8.26M Jan 9, 2024 Direct F1
holding PSTG Class A Common Stock 702K Jan 9, 2024 By Trust F2
holding PSTG Class A Common Stock 2.77M Jan 9, 2024 By Trust F3
holding PSTG Class A Common Stock 2.77M Jan 9, 2024 By Trust F4

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 -499K -100% $0.00* 0 Jan 9, 2024 Class A Common Stock 499K $2.98 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares that have been withheld by the Issuer to satisfy its tax withholding and remittance obligations in connection with the option exercise of the Reporting Person and does not represent a sale by the Reporting Person.
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.
F5 This option is fully vested.