John Colgrove - 04 Dec 2024 Form 4 Insider Report for Pure Storage, Inc. (PSTG)

Signature
/s/ Todd Wheeler, attorney-in-fact
Issuer symbol
PSTG
Transactions as of
04 Dec 2024
Net transactions value
-$6,555,400
Form type
4
Filing time
06 Dec 2024, 17:09:15 UTC
Previous filing
21 Nov 2024
Next filing
23 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSTG Class A Common Stock Sale $91,635 -1,500 -1.5% $61.09 98,500 04 Dec 2024 By CRT F1, F2, F3
transaction PSTG Class A Common Stock Sale $24,884 -400 -0.41% $62.21 98,100 04 Dec 2024 By CRT F1, F3, F4
transaction PSTG Class A Common Stock Sale $25,368 -400 -0.41% $63.42 97,700 04 Dec 2024 By CRT F1, F3, F5
transaction PSTG Class A Common Stock Sale $3,805,928 -58,400 -60% $65.17 39,300 04 Dec 2024 By CRT F1, F3, F6
transaction PSTG Class A Common Stock Sale $1,606,106 -24,346 -62% $65.97 14,954 04 Dec 2024 By CRT F1, F3, F7
transaction PSTG Class A Common Stock Sale $879,871 -13,154 -88% $66.89 1,800 04 Dec 2024 By CRT F1, F3, F8
transaction PSTG Class A Common Stock Sale $121,608 -1,800 -100% $67.56 0 04 Dec 2024 By CRT F1, F3, F9
holding PSTG Class A Common Stock 7,316,722 04 Dec 2024 Direct
holding PSTG Class A Common Stock 701,959 04 Dec 2024 By Trust F10
holding PSTG Class A Common Stock 2,765,000 04 Dec 2024 By Trust F11
holding PSTG Class A Common Stock 2,765,000 04 Dec 2024 By Trust F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on behalf of The Colgrove Family Charitable Remainder Trust on April 17, 2024.
F2 The reported price in Column 4 is a weighted average price. The 1,500 shares sold at an average price of $61.09 were sold in multiple transactions at prices ranging from $60.65 to $61.46 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 Shares are held by The Colgrove Family Charitable Remainder Trust.
F4 The reported price in Column 4 is a weighted average price. The 400 shares sold at an average price of $62.21 were sold in multiple transactions at prices ranging from $61.83 to $62.64 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 The reported price in Column 4 is a weighted average price. The 400 shares sold at an average price of $63.42 were sold in multiple transactions at prices ranging from $62.95 to $63.92 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F6 The reported price in Column 4 is a weighted average price. The 58,400 shares sold at an average price of $65.17 were sold in multiple transactions at prices ranging from $64.46 to $65.45 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F7 The reported price in Column 4 is a weighted average price. The 24,346 shares sold at an average price of $65.97 were sold in multiple transactions at prices ranging from $65.47 to $66.46 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F8 The reported price in Column 4 is a weighted average price. The 13,154 shares sold at an average price of $66.89 were sold in multiple transactions at prices ranging from $66.47 to $67.46 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F9 The reported price in Column 4 is a weighted average price. The 1,800 shares sold at an average price of $67.56 were sold in multiple transactions at prices ranging from $67.47 to $67.76 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F10 Shares are held by Colgrove Family Living Trust.
F11 Shares are held by Eric Edward Colgrove Irrevocable Trust DTD Feb 8, 2011, Jeff Rothschild TTEE.
F12 Shares are held by Richard Winston Colgrove Irrevocable Trust DTD Feb 8, 2011, Jeff Rothschild TTEE.