X0306
4
2018-01-18
0
0001474432
Pure Storage, Inc.
PSTG
0001395529
Hatfield David
650 CASTRO STREET, SUITE 400
MOUNTAIN VIEW
CA
94041
0
1
0
0
President
Class A Common Stock
2018-01-18
4
C
0
70000
A
251168
D
Class A Common Stock
2018-01-18
4
S
0
70000
17.6382
D
181168
D
Class A Common Stock
2018-01-19
4
C
0
24183
A
205351
D
Class A Common Stock
2018-01-19
4
S
0
24183
18.00
D
181168
D
Stock Option (right to buy)
1.225
2018-01-18
4
M
0
23334
0.00
D
2023-02-05
Class B Common Stock
23334
892108
D
Class B Common Stock
2018-01-18
4
M
0
23334
0.00
A
Class A Common Stock
23334
1100514
D
Class B Common Stock
2018-01-18
4
C
0
70000
0.00
D
Class A Common Stock
70000
1030514
D
Stock Option (right to buy)
1.225
2018-01-19
4
M
0
8061
0.00
D
2023-02-05
Class B Common Stock
8061
884047
D
Class B Common Stock
2018-01-19
4
M
0
8061
0.00
A
Class A Common Stock
8061
1038575
D
Class B Common Stock
2018-01-19
4
C
0
24183
0.00
D
Class A Common Stock
24183
1014392
D
Each share of Class A Common Stock was issued upon conversion of one share of Class B Common Stock at the election of the Reporting Person.
This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. The Class B Common Stock will convert automatically into Class A Common Stock on the same basis upon the earlier of (i) any transfer, whether or not for value, except for certain "Permitted Transfers" as defined in the Issuer's restated certificate of incorporation in effect as of the date hereof, (ii) the affirmative vote of the holders of Class B Common Stock representing not less than a majority of the outstanding shares of Class B Common Stock, or (iii) October 6, 2025.
The reported price in Column 4 is a weighted average pice. These shares were purchased in multiple transactions at prices ranging from $17.29 to $17.86 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the Issuer, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in the footnote.
1/48 of the Option vests in equal monthly installments one month from 1/15/2013. The option shall be subject to accelerated vesting as set forth in optionee's employment agreement with the Issuer. The shares subject to this option are early exercisable, subject to the Issuer's right to repurchase.
/s/ Todd Wheeler, attorney-in-fact
2018-01-22