Jack Roddy - Oct 25, 2023 Form 4 Insider Report for Purple Innovation, Inc. (PRPL)

Role
Chief People Officer
Signature
/s/ Tricia McDermott, Attorney-in-Fact
Stock symbol
PRPL
Transactions as of
Oct 25, 2023
Transactions value $
$0
Form type
4
Date filed
10/27/2023, 08:05 AM
Previous filing
Jun 22, 2023
Next filing
Mar 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRPL Class A Common Stock Options Exercise +2.18K +8.11% 29K Oct 25, 2023 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 PRPL Restricted Stock Units Options Exercise $0 -2.18K -50% $0.00 2.18K Oct 25, 2023 Class A Common Stock 2.18K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units convert into Class A Common Stock on a one-for-one basis.
F2 On November 11,2021, the reporting person was granted 6,531. The Restricted Stock Units vest in three equal annual installments; one-third on October 25, 2022; one-third on October 25, 2023; and one-third on October 25, 2024 (the "Vesting Period"). Fractional numbers will be rounded down to the nearest whole number.

Remarks:

Exhibit 24 Power of Attorney