ROBBIATI TAREK 4
4 · Pure Storage, Inc. · Filed Jun 24, 2025
Insider Transaction Report
Form 4
ROBBIATI TAREK
Chief Financial Officer
Transactions
- Award
Stock-Related Performance Restricted Stock Unit
2025-06-24+233,410→ 233,410 totalExercise: $0.00→ Class A Common Stock (233,410 underlying) - Award
Class A Common Stock
2025-06-24+223,921→ 223,921 total
Footnotes (3)
- [F1]The shares of Class A Common Stock are to be acquired upon the vesting of a Restricted Stock Unit ("RSU") award granted to the Reporting Person. The RSUs shall vest as follows: 25% of the shares subject to the RSU award will vest on September 20, 2026, and the remaining shares vesting and settling quarterly over the following three years on the 20th day of the second month of each fiscal quarter, subject to accelerated vesting as set forth in the Issuer's Change in Control Severance Benefit Plan, and otherwise subject to the Reporting Person's Continuous Service on the date of vesting (as defined in the Issuer's 2015 Equity Incentive Plan).
- [F2]The shares of Class A Common Stock are to be acquired upon the vesting of a Long-Term Performance Incentive Restricted Stock Unit ("LTP") award under the Issuer's 2015 Equity Incentive Plan and related award agreement. The number of shares vested under the LTP Award will be contingent upon the Issuer's market capitalization, as a function of the Issuer's stock price and shares outstanding (the "Market Cap Contingency"), meeting or exceeding $40 billion, measured as of the end of the Issuer's fiscal years ending in 2028, 2029 or 2030, subject to Reporting Person's Continuous Service (as defined in the Issuer's 2015 Equity Incentive Plan) through March 20, 2030.
- [F3]If the Market Cap Contingency is not met by the end of the Issuer's fiscal year ending in 2030, the LTP award will immediately be forfeited.