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Pure Storage, Inc. — Director's Dealing 2015
Oct 14, 2015
30180_dirs_2015-10-13_335c5fbb-e8b4-41d8-9a9e-5908cb38e534.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Pure Storage, Inc. (PSTG)
CIK: 0001474432
Period of Report: 2015-10-13
Reporting Person: Dyckerhoff Stefan A (10% Owner)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-10-13 | Class B Common Stock | $ | C | 25771241.0000 | Acquired | Class A Common Stock (25771241.0000) | Indirect | |
| 2015-10-13 | Series A Preferred Stock | $ | C | 11373310.0000 | Disposed | Class B Common Stock (11373310.0000) | Indirect | |
| 2015-10-13 | Series B Preferred Stock | $ | C | 5723870.0000 | Disposed | Class B Common Stock (5723870.0000) | Indirect | |
| 2015-10-13 | Series C Preferred Stock | $ | C | 2419000.0000 | Disposed | Class B Common Stock (2419000.0000) | Indirect | |
| 2015-10-13 | Series D Preferred Stock | $ | C | 1727937.0000 | Disposed | Class B Common Stock (1727937.0000) | Indirect | |
| 2015-10-13 | Series E Preferred Stock | $ | C | 3022681.0000 | Disposed | Class B Common Stock (3022681.0000) | Indirect | |
| 2015-10-13 | Series F Preferred Stock | $ | C | 1504443.0000 | Disposed | Class B Common Stock (1504443.0000) | Indirect | |
| 2015-10-13 | Class B Common Stock | $ | C | 286754.0000 | Acquired | Class A Common Stock (286754.0000) | Indirect | |
| 2015-10-13 | Series A Preferred Stock | $ | C | 92812.0000 | Disposed | Class B Common Stock (92812.0000) | Indirect | |
| 2015-10-13 | Series B Preferred Stock | $ | C | 46710.0000 | Disposed | Class B Common Stock (46710.0000) | Indirect | |
| 2015-10-13 | Series C Preferred Stock | $ | C | 19740.0000 | Disposed | Class B Common Stock (19740.0000) | Indirect | |
| 2015-10-13 | Series D Preferred Stock | $ | C | 14101.0000 | Disposed | Class B Common Stock (14101.0000) | Indirect | |
| 2015-10-13 | Series E Preferred Stock | $ | C | 75707.0000 | Disposed | Class B Common Stock (75707.0000) | Indirect | |
| 2015-10-13 | Series F Preferred Stock | $ | C | 37684.0000 | Disposed | Class B Common Stock (37684.0000) | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Class B Common Stock | $ | Class A Common Stock (14444.0000) | 14444.0000 | Direct |
Footnotes
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. Upon the closing of the Issuer's sale of its Class A Common Stock in its firm commitment underwritten initial public offering pursuent to a registration statement on Form S-1 (File No. 333-206312) under the Securities Act of 1933, as amended, the Class B Common Stock will convert automatically into Class A Common Stock on the same basis upon the earlier of:(1) 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: Shares held by Sutter Hill Ventures, a California Limited Partnership, 855,425 shares of which are unvested and subject to the Issuer's right of repurchase.
F3: Shares held by Sutter Hill Ventures, a California Limited Partnership. The reporting person is a managing director and member of the management committee of the general partner of Sutter Hill Ventures, a California Limited Partnership. The reporting person disclaims beneficial ownership in these shares except as to the reporting person's pecuniary interest therein.
F4: The preferred stock will automatically convert into Class B common stock on a one-to-one basis immediately upon closing of the initial public offering of the Issuer and has no expiration date.
F5: Shares held by a trust of which the reporting person is a trustee, 6,981 shares of which are unvested and subject to the Issuer's right of repurchase.
F6: Shares held by a trust of which the reporting person is a trustee. The reporting person disclaims beneficial ownership in these shares except as to the reporting person's pecuniary interest therein.
F7: Shares held by Mr. Dyckerhoff's Roth IRA account, 14,444 shares of which are unvested and subject to the Issuer's right of repurchase.