| Name | Relationship | Address | Signature | Signature date | CIK |
|---|---|---|---|---|---|
| Coliseum Capital Management, LLC | Director, 10%+ Owner | 105 ROWAYTON AVENUE, ROWAYTON | Coliseum Capital Management, LLC, By: /s/ Chivonne Cassar, Attorney-in-fact | 06 May 2025 | 0001409751 |
| Coliseum Capital, LLC | Director, 10%+ Owner | 105 ROWAYTON AVENUE, ROWAYTON | Coliseum Capital, LLC, By: /s/ Chivonne Cassar, Attorney-in-fact | 06 May 2025 | 0001409585 |
| COLISEUM CAPITAL PARTNERS, L.P. | Director, 10%+ Owner | 105 ROWAYTON AVENUE, ROWAYTON | Coliseum Capital Partners, L.P., By: Coliseum Capital, LLC, its General Partner, By: /s/ Chivonne Cassar, Attorney-in-fact | 06 May 2025 | 0001356974 |
| Coliseum Capital Co-Invest III, L.P. | Director, 10%+ Owner | 105 ROWAYTON AVENUE, ROWAYTON | Coliseum Capital Co-Invest III, L.P., By: Coliseum Capital, LLC, its General Partner, By: /s/ Chivonne Cassar, Attorney-in-fact | 06 May 2025 | 0001807345 |
| Gray Adam | Director, 10%+ Owner | 105 ROWAYTON AVENUE, ROWAYTON | Adam Gray, By: /s/ Chivonne Cassar, Attorney-in-fact | 06 May 2025 | 0001454123 |
| Shackelton Christopher S | Director, 10%+ Owner | 105 ROWAYTON AVENUE, ROWAYTON | Christopher Shackelton, By: /s/ Chivonne Cassar, Attorney-in-fact | 06 May 2025 | 0001430708 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PRPL | Warrant | Award | +6,557,377 | +33% | 26,229,508 | 02 May 2025 | Class A Common Stock | 6,557,377 | $1.50 | See footnote | F1, F2, F3, F4 |
| Id | Content |
|---|---|
| F1 | Pursuant to that certain Second Amendment to the Amended and Restated Credit Agreement, dated as of May 2, 2025, the Issuer issued the Warrants to certain of the Reporting Persons as partial consideration for a loan made to a subsidiary of Issuer, of which an aggregate amount of $20,000,000 was made 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 and (b) a separate account investment advisory client of CCM (the "Separate Account"). |
| F2 | As a result of the transaction reported herein, CCP directly owns 21,499,596 Warrants and the Separate Account directly owns 4,729,912 Warrants. |
| F3 | Each Warrant entitles the holder to purchase one share of the Issuer's Class A common stock ("Class A Common Stock") at a price of $1.50 per share, subject to adjustment. The Warrants are subject to a contractual limitation such that a holder of the Warrants will not have the right to exercise its Warrants, to the extent that after giving effect to such exercise, the holder (together with its affiliates) would beneficially own in excess of 49.9% of the shares of Class A Common Stock outstanding immediately after giving effect to such exercise. As of the date of this Form 4, based on 108,221,494 shares of Class A Common Stock outstanding as of May 2, 2025, as reported in the Issuer's Form 10-Q filed with the Securities and Exchange Commission on May 6, 2025, the Warrants could be exercised for an aggregate of 14,276,618 shares of Class A Common Stock. |
| F4 | Christopher Shackelton ("Shackelton") and Adam Gray ("Gray") are managers of and have an ownership interest in each of CCM and CC. Coliseum Capital Co-Invest III, L.P. ("CCC III") is an investment limited partnership of which CC is general partner and for which CCM serves as investment adviser. 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. |
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.