0001209191-19-014787.txt : 20190228
0001209191-19-014787.hdr.sgml : 20190228
20190228193720
ACCESSION NUMBER: 0001209191-19-014787
CONFORMED SUBMISSION TYPE: 4/A
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180314
FILED AS OF DATE: 20190228
DATE AS OF CHANGE: 20190228
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Riitters Timothy
CENTRAL INDEX KEY: 0001651904
FILING VALUES:
FORM TYPE: 4/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37570
FILM NUMBER: 19646140
MAIL ADDRESS:
STREET 1: C/O PURE STORAGE, INC.
STREET 2: 650 CASTRO STREET, SUITE 400
CITY: MOUNTAIN VIEW
STATE: CA
ZIP: 94041
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Pure Storage, Inc.
CENTRAL INDEX KEY: 0001474432
STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER STORAGE DEVICES [3572]
IRS NUMBER: 271069557
STATE OF INCORPORATION: DE
BUSINESS ADDRESS:
STREET 1: 650 CASTRO STREET, SUITE 400
CITY: MOUNTAIN VIEW
STATE: CA
ZIP: 94041
BUSINESS PHONE: 800-379-7873
MAIL ADDRESS:
STREET 1: 650 CASTRO STREET, SUITE 400
CITY: MOUNTAIN VIEW
STATE: CA
ZIP: 94041
FORMER COMPANY:
FORMER CONFORMED NAME: PURE Storage, Inc.
DATE OF NAME CHANGE: 20100804
FORMER COMPANY:
FORMER CONFORMED NAME: Os76, Inc.
DATE OF NAME CHANGE: 20091014
4/A
1
doc4a.xml
FORM 4/A SUBMISSION
X0306
4/A
2018-03-14
2018-03-16
0
0001474432
Pure Storage, Inc.
PSTG
0001651904
Riitters Timothy
650 CASTRO ST, SUITE 400
MOUNTAIN VIEW
CA
94041
0
1
0
0
Chief Financial Officer
Class A Common Stock
2018-03-14
4
A
0
164172
0.00
A
528701
D
Class A Common Stock
2018-03-14
4
C
0
7500
A
536201
D
Class A Common Stock
2018-03-14
4
S
0
10500
21.1209
D
525701
D
Stock Option (right to buy)
9.65
2018-03-14
4
M
0
7500
0.00
D
2024-10-07
Class B Common Stock
7500
947500
D
Class B Common Stock
2018-03-14
4
M
0
7500
0.00
A
Class A Common Stock
7500
7500
D
Class B Common Stock
2018-03-14
4
C
0
7500
0.00
D
Class A Common Stock
7500
0
D
See remarks below.
Represents shares of Class A Common Stock earned pursuant to a Performance-Based Restricted Stock Award ("PRSA"). The Issuer's Compensation Committee determined achievement of the performance criteria and certified the total number of shares earned under the PRSA on February 26, 2019 (the "Earned Shares"). 1/3rd of the Earned Shares subject to this PRSA will vest on March 20, 2019, and 1/12th of the Earned Shares will vest on each of June 20, September 20, December 20 and March 20, over the following two years, subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2015 Equity Incentive Plan) through such dates.
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 price. These shares were sold in multiple transactions at prices ranging from $20.89 to $21.30 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.
1/4 of the Option vests one year from 8/26/2014, 1/48 of the Option vests monthly thereafter over the following three years. The option shall be subject to accelerated vesting as set forth in optionee's employment agreement with the Issuer.
This report on Form 4/A amends and replaces in its entirety the Form 4 filed by the Reporting Person on March 16, 2018. This report on Form 4/A (i) adjusts the number of shares earned pursuant to the achievement of performance criteria under the PSRA described herein, as determined and certified by the Issuer's Compensation Committee on February 26, 2019, (ii) adjusts the Amount of Securities Beneficially Owned Following the Reported Transaction(s), and (iii) also adjusts the Amount of Securities Beneficially Owned Following the Reported Transaction(s) reflected in the filings made between March 16, 2018 and the date of this filing.
/s/ Joseph T. FitzGerald, attorney-in-fact
2019-02-28