Chu Mona bought PSTG
March 13, 2024 · Form 4 insider transaction
Chu Mona bought 11,347 shares of Everpure, Inc at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
The shares of Class A Common Stock are to be acquired upon the vesting of a Performance-Based Restricted Stock Unit ("PRSU") award. The Issuer's board of directors (the "board") authorized the issuance of the underlying shares based upon the achievement of certain performance goals for the fiscal year ending February 4, 2024, with vesting subject to the board's determination of performance achievement and consideration of other factors, which occurred on March 13, 2024. As a result, 1/3 of the PRSU will vest on March 20, 2024, with the remaining vesting quarterly in equal installments over the next two years, subject to Reporting Person's Continuous Service (as defined in the Issuer's 2015 Equity Incentive Plan) through such dates.