Tarek Robbiati - Jun 24, 2025 Form 4 Insider Report for Pure Storage, Inc. (PSTG)

Role
Chief Financial Officer
Signature
/s/ Todd Wheeler, attorney-in-fact
Stock symbol
PSTG
Transactions as of
Jun 24, 2025
Transactions value $
$0
Form type
4
Date filed
6/24/2025, 04:35 PM
Previous filing
Jun 24, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
ROBBIATI TAREK Chief Financial Officer 2555 AUGUSTINE DRIVE, SANTA CLARA /s/ Todd Wheeler, attorney-in-fact 2025-06-24 0001651113

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSTG Class A Common Stock Award $0 +224K $0.00 224K Jun 24, 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PSTG Stock-Related Performance Restricted Stock Unit Award $0 +233K $0.00 233K Jun 24, 2025 Class A Common Stock 233K $0.00 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.