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

Role
Acting CEO, Director
Signature
/s/ Casey K. McGarvey
Stock symbol
PRPL
Transactions as of
Dec 15, 2021
Transactions value $
$0
Form type
4
Date filed
12/17/2021, 03:07 PM
Previous filing
Dec 17, 2021
Next filing
Feb 4, 2022

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 +47.6K $0.00 47.6K Dec 15, 2021 Class A Common Stock 47.6K 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.