John Colgrove - Mar 13, 2024 Form 4 Insider Report for Pure Storage, Inc. (PSTG)

Role
Chief Visionary Officer, Director
Signature
/s/ Todd Wheeler, attorney-in-fact
Stock symbol
PSTG
Transactions as of
Mar 13, 2024
Transactions value $
$0
Form type
4
Date filed
3/15/2024, 05:30 PM
Previous filing
Jan 11, 2024
Next filing
Mar 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSTG Class A Common Stock Award $0 +113K +1.37% $0.00 8.37M Mar 13, 2024 Direct F1
holding PSTG Class A Common Stock 702K Mar 13, 2024 By Trust F2
holding PSTG Class A Common Stock 2.77M Mar 13, 2024 By Trust F3
holding PSTG Class A Common Stock 2.77M Mar 13, 2024 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 board of directors (the "board") authorized the issuance of the underlying shares based upon the achievement of certain performance goals for the fiscal year ending February 4, 2024, with vesting subject to the board's determination of performance achievement and consideration of other factors, which occurred on March 13, 2024. As a result, 1/3 of the PRSU will vest on March 20, 2024, 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.