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Filing Details

Accession Number:: 0001209191-18-004788
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2018-01-22 18:12:01
Reporting Period:: 2018-01-18

Accepted Time:: 2018-01-22 18:12:01
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1474432	Pure Storage Inc.	PSTG	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1395529	David Hatfield	650 Castro Street, Suite 400 Mountain View CA 94041	President	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class A Common Stock	Acquisiton	2018-01-18	70,000	$0.00	251,168	No	4	C	Direct
Class A Common Stock	Disposition	2018-01-18	70,000	$17.64	181,168	No	4	S	Direct
Class A Common Stock	Acquisiton	2018-01-19	24,183	$0.00	205,351	No	4	C	Direct
Class A Common Stock	Disposition	2018-01-19	24,183	$18.00	181,168	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	C	Direct
No	4	S	Direct
No	4	C	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class B Common Stock	Stock Option (right to buy)	Disposition	2018-01-18	23,334	$0.00	23,334	$1.23
Class A Common Stock	Class B Common Stock	Acquisiton	2018-01-18	23,334	$0.00	23,334	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2018-01-18	70,000	$0.00	70,000	$0.00
Class B Common Stock	Stock Option (right to buy)	Disposition	2018-01-19	8,061	$0.00	8,061	$1.23
Class A Common Stock	Class B Common Stock	Acquisiton	2018-01-19	8,061	$0.00	8,061	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2018-01-19	24,183	$0.00	24,183	$0.00

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
892,108	2023-02-05	No	4	M	Direct
1,100,514		No	4	M	Direct
1,030,514		No	4	C	Direct
884,047	2023-02-05	No	4	M	Direct
1,038,575		No	4	M	Direct
1,014,392		No	4	C	Direct

Footnotes

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.