Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PRPL | Class A Common Stock ("Common Stock") | Purchase | $13M | +1.8M | +10.7% | $7.23 | 18.6M | Mar 3, 2022 | See Footnotes | F1, F4, F5, F6 |
transaction | PRPL | Common Stock | Purchase | $23.5M | +3.22M | +17.28% | $7.30 | 21.8M | Mar 4, 2022 | See Footnotes | F2, F4, F5, F6 |
transaction | PRPL | Common Stock | Purchase | $10.2M | +1.46M | +6.69% | $6.98 | 23.3M | Mar 7, 2022 | See Footnotes | F3, F4, F5, F6 |
Id | Content |
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F1 | The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.61 to $7.60, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission ("SEC"), upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. |
F2 | The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.83 to $7.65, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. |
F3 | The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.49 to $7.30, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. |
F4 | The Common Stock is held directly by (a) Coliseum Capital Partners, L.P. ("CCP"), an investment limited partnership of which Coliseum Capital, LLC, a Delaware limited liability company ("CC"), is general partner and for which Coliseum Capital Management, LLC, a Delaware limited liability company ("CCM"), serves as investment adviser, (b) Coliseum Capital Co-Invest III, L.P. ("CCC III"), an investment limited partnership of which CC is general partner and for which CCM serves as investment adviser, and (c) the Separate Account. |
F5 | Christopher Shackelton ("Shackelton") and Adam Gray ("Gray") are managers of and have an ownership interest in each of CCM and CC. Each of Shackelton, Gray, CCP, CCC III, the Separate Account, CC and CCM disclaims beneficial ownership of these securities except to the extent of that person's pecuniary interest therein. |
F6 | Following the transactions reported herein, CCP, CCC III and the Separate Account directly owned 15,890,856; 2,557,483; and 4,829,459 shares of Common Stock, respectively. |
Gray is a director of the Issuer. As a result, the following persons may be deemed directors by deputization of the Issuer solely for purposes of Section 16 of the Securities Exchange Act of 1934, as amended: CCM, CC, CCP, CCC III and Shackelton.