Robert DeMartini - 15 Dec 2021 Form 4 Insider Report for Purple Innovation, Inc. (PRPL)

Role
Acting CEO, Director
Signature
/s/ Casey K. McGarvey
Issuer symbol
PRPL
Transactions as of
15 Dec 2021
Net transactions value
$0
Form type
4
Filing time
17 Dec 2021, 15:07:32 UTC
Previous filing
17 Dec 2021
Next filing
04 Feb 2022
SEC
View on sec.gov

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 Award $0 +47,616 $0.000000 47,616 15 Dec 2021 Class A Common Stock 47,616 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit represents a contingent right to receive one share of Purple Innovation, Inc. Class A Common Stock. The Restricted Stock Units vest in six equal monthly installments on the 3rd of each month from February 3, 2022 through July 3, 2022 (the "Vesting Period"). Fractional numbers will be rounded down to the nearest whole number.