Robert DeMartini - 03 Feb 2022 Form 4 Insider Report for Purple Innovation, Inc. (PRPL)

Role: Acting CEO, Director
Signature: /s/ Casey K. McGarvey
Issuer symbol: PRPL
Transactions as of: 03 Feb 2022
Net transactions value: $0
Form type: 4
Filing time: 04 Feb 2022, 15:00:22 UTC
Previous filing: 17 Dec 2021
Next filing: 07 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PRPL	Class A Common Stock	Options Exercise		+7,936			7,936	03 Feb 2022	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	-7,936	-17%	$0.000000	39,680	03 Feb 2022	Class A Common Stock	7,936		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 December 15, 2021, the reporting person was granted 47,616 Restricted Stock Units, vesting in six equal monthly installments beginning on February 3, 2022.