PURE STORAGE, INC. Consolidated Statements of Stockholders’ Equity (in thousands) Accumulated Common Stock Other Additional Comprehensive Paid-In Income Accumulated Total Stockholders' Shares Amount Capital (Loss) Deficit Equity Balance at the end of fiscal 2018 220,979 $ 22 $ 1,479,883 $ (1,917) $ (903,587) $ 574,401 Issuance of common stock upon exercise of stock options 9,397 1 47,749 — — 47,750 Stock-based compensation expense — — 210,645 — — 210,645 Vesting of early exercised stock options — — 320 — — 320 Vesting of restricted stock units 8,378 1 (1) — — — Net issuance of restricted stock 2,398 — — — — — Tax withholding on vesting of restricted stock — — (632) — — (632) Common stock issued under employee stock purchase plan 3,381 — 33,444 — — 33,444 Repurchase of common stock (1,009) — (20,000) — — (20,000) Purchase of capped calls — — (64,630) — — (64,630) Equity component of convertible senior notes, net — — 133,265 — — 133,265 Other comprehensive income — — — 1,579 — 1,579 Net loss — — — — (178,362) (178,362) Balance at the end of fiscal 2019 243,524 $ 24 $ 1,820,043 $ (338) $ (1,081,949) $ 737,780 Issuance of common stock upon exercise of stock options 7,770 1 42,930 — — 42,931 Stock-based compensation expense — — 226,705 — — 226,705 Vesting of restricted stock units 9,215 1 (1) — — — Net issuance of restricted stock 624 — — — — — Tax withholding on vesting of restricted stock — — (10,379) — — (10,379) Common stock issued under employee stock purchase plan 3,743 — 43,298 — — 43,298 Repurchases of common stock (868) — (15,017) — — (15,017) Other comprehensive income — — — 5,787 — 5,787 Net loss — — — — (200,987) (200,987) Balance at the end of fiscal 2020 264,008 $ 26 $ 2,107,579 $ 5,449 $ (1,282,936) $ 830,118 Issuance of common stock upon exercise of stock options 9,734 1 59,509 — — 59,510 Stock-based compensation expense — — 242,685 — — 242,685 Vesting of restricted stock units 11,241 1 (1) — — — Cancellation and forfeiture of restricted stock (317) — — — — — Tax withholding on vesting of equity awards (490) — (8,258) — — (8,258) Common stock issued under employee stock purchase plan 3,714 — 32,439 — — 32,439 Repurchases of common stock (9,527) — (135,175) — — (135,175) Equity awards assumed in an acquisition — — 8,802 — — 8,802 Other comprehensive income — — — 1,961 — 1,961 Net loss — — — — (282,076) (282,076) 278,363 $ 28 $ 2,307,580 $ 7,410 $ (1,565,012) $ 750,006 Balance at the end of fiscal 2021 See the accompanying notes to the consolidated financial statements. 61