Hatfield David 4

Accession 0001209191-18-061503

CIK 0001474432other

View on SEC.gov Company Profile

Filed

Dec 6, 7:00 PM ET

Accepted

Dec 7, 4:28 PM ET

Size

43.4 KB

Accession

0001209191-18-061503

Insider Transaction Report

Form 4

Period: 2018-12-04

Pure Storage, Inc.PSTG

Hatfield David

President

Transactions

Conversion
Class A Common Stock
2018-12-04+18,666→ 18,666 total(indirect: By Trust)
Conversion
Class B Common Stock
2018-12-04−150,510→ 0 total
→ Class A Common Stock (150,510 underlying)
Other
Stock Option (right to buy)
2018-12-04+400,000→ 400,000 total
Exercise: $2.58Exp: 2024-01-29→ Class A Common Stock (400,000 underlying)
Conversion
Class A Common Stock
2018-12-04+18,666→ 18,666 total(indirect: By Trust)
Conversion
Class B Common Stock
2018-12-04−18,666→ 0 total(indirect: By Trust)
→ Class A Common Stock (18,666 underlying)
Conversion
Class B Common Stock
2018-12-04−18,666→ 0 total(indirect: By Trust)
→ Class A Common Stock (18,666 underlying)
Other
Stock Option (right to buy)
2018-12-04+452,112→ 452,112 total
Exercise: $1.23Exp: 2023-02-05→ Class A Common Stock (452,112 underlying)
Other
Stock Option (right to buy)
2018-12-04−400,000→ 0 total
Exercise: $2.58Exp: 2024-01-29→ Class B Common Stock (400,000 underlying)
Other
Stock Option (right to buy)
2018-12-04−500,000→ 0 total
Exercise: $2.98Exp: 2024-03-27→ Class B Common Stock (500,000 underlying)
Other
Stock Option (right to buy)
2018-12-04+500,000→ 500,000 total
Exercise: $2.98Exp: 2024-03-27→ Class A Common Stock (500,000 underlying)
Other
Stock Option (right to buy)
2018-12-04+150,000→ 150,000 total
Exercise: $13.20Exp: 2025-03-16→ Class A Common Stock (150,000 underlying)
Conversion
Class A Common Stock
2018-12-04+150,510→ 462,031 total
Conversion
Class A Common Stock
2018-12-04+18,666→ 18,666 total(indirect: By Trust)
Other
Stock Option (right to buy)
2018-12-04−150,000→ 0 total
Exercise: $13.20Exp: 2025-03-16→ Class B Common Stock (150,000 underlying)
Other
Stock Option (right to buy)
2018-12-04−75,000→ 0 total
Exercise: $17.00Exp: 2025-09-22→ Class B Common Stock (75,000 underlying)
Other
Stock Option (right to buy)
2018-12-04+75,000→ 75,000 total
Exercise: $17.00Exp: 2025-09-22→ Class A Common Stock (75,000 underlying)
Conversion
Class B Common Stock
2018-12-04−18,666→ 0 total(indirect: By Trust)
→ Class A Common Stock (18,666 underlying)
Other
Stock Option (right to buy)
2018-12-04−452,112→ 0 total
Exercise: $1.23Exp: 2023-02-05→ Class B Common Stock (452,112 underlying)

Footnotes (9)

[F1]On December 4, 2018, the Issuer's outstanding shares of Class B Common Stock ceased to represent at least 10% of all outstanding shares of Class A Common Stock and Class B Common Stock. As a result, each share of the Issuer's Class B Common Stock automatically converted into one share of Class A Common Stock pursuant to the Issuer's amended and restated certificate of incorporation.
[F2]By DMH 2013 Irrevocable Trust
[F3]By JHH 2013 Irrevocable Trust
[F4]By KGH 2013 Irrevocable Trust
[F5]In connection with the automatic conversion described in footnote (1), outstanding Class B Common Stock options that were issued under the Issuer's 2009 Equity Incentive Plan remain unchanged, except that the underlying shares are now Class A Common Stock.
[F6]This option is fully vested.
[F7]The option vests in twenty-four (24) equal monthly installments beginning one month from January 1, 2018. The option shall be subject to accelerated vesting as set forth in optionee's employment agreement with the Issuer.
[F8]The option vests in twelve (12) equal monthly installments beginning one month from February 15, 2020. The option shall be subject to accelerated vesting if, at any time, the Issuer terminates Optionholder's employment other than for Cause or Optionholder resigns for Good Reason, twenty-five percent (25%) of the unvested shares subject to the Option shall vest effective as of the termination or resignation date. If, on or within eighteen (18) months after a Change in Control, Optionholder's employment with the Issuer terminates either by the Issuer (or its successor) other than for Cause, or by Optionholder due to a resignation for Good Reason, all then-unvested outstanding shares subject to the Option shall vest in full effective as of the termination or resignation date.
[F9]The option vests in ten (10) equal monthly installments beginning one month from March 15, 2021. The option shall be subject to accelerated vesting in accordance with the terms of the Issuer's change in control severance benefit plan.

Documents

1 file

4
doc4.xmlPrimary
FORM 4 SUBMISSION

Issuer

Pure Storage, Inc.

CIK 0001474432

→

Entity typeother

Related Parties

filerCIK 0001395529

Filing Metadata

Form type: 4
Filed: Dec 6, 7:00 PM ET
Accepted: Dec 7, 4:28 PM ET
Size: 43.4 KB

View on SEC.gov