Sutter Hill Management Company, L.L.C. 3
3 · Pure Storage, Inc. · Filed Dec 4, 2017
Insider Transaction Report
Form 3
Holdings
Class B Common Stock
→ Class A Common Stock (77,100 underlying)
Footnotes (2)
- [F1]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.
- [F2]Represents the receipt of shares in a pro rata distribution effective November 30, 2017, for no additional consideration, from Sutter Hill Ventures, a California Limited Partnership ("SHV"). The reporting person is a limited partner of SHV.